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Evolution Mining Ltd
ASX:EVN

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Evolution Mining Ltd
ASX:EVN
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Price: 16.21 AUD 3.18%
Market Cap: AU$32.9B

ROE

26.4%
Current
Improving
by 12.3%
vs 3-y average of 14.1%

Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.

ROE
26.4%
=
Net Income
AU$1.3B
/
Avg Total Equity
AU$5B

Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.

ROE
26.4%
=
Net Income
AU$1.3B
/
Avg Total Equity
AU$5B

Peer Comparison

Country Company Market Cap ROE
AU
Evolution Mining Ltd
ASX:EVN
31.9B AUD
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CA
Australian Goldfields Ltd
OTC:GRXXF
5.7m USD
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RU
Polyus PJSC
LSE:PLZL
70.4T USD
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ZA
Gold Fields Ltd
JSE:GFI
801.4B ZAR
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ZA
Harmony Gold Mining Company Ltd
JSE:HAR
219.1B ZAR
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CN
Zijin Mining Group Co Ltd
SSE:601899
1T CNY
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US
Newmont Corporation
NYSE:NEM
135.7B USD
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AU
Greatland Gold PLC
ASX:GGP
177.7B AUD
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CA
Agnico Eagle Mines Ltd
TSX:AEM
168.1B CAD
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CA
Barrick Gold Corp
TSX:ABX
118.1B CAD
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CA
Barrick Mining Corp
F:ABR0
70.7B EUR
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Market Distribution

Higher than 90% of companies in Australia
Percentile
90th
Based on 2 919 companies
90th percentile
26.4%
Low
-8 644.7% — -17.8%
Typical Range
-17.8% — 9.1%
High
9.1% — 33 437.7%
Distribution Statistics
Australia
Min -8 644.7%
30th Percentile -17.8%
Median -0.3%
70th Percentile 9.1%
Max 33 437.7%

Evolution Mining Ltd
Glance View

Evolution Mining Ltd., an Australian gold miner, has carved a strategic niche in the international mining landscape through a blend of operational proficiency and a keen focus on sustainability. Founded in 2011, Evolution emerged from a merger of three resourceful companies, quickly establishing itself as a formidable player in the gold mining industry. The company operates several projects across Australia and Canada, notably its flagship mine, Cowal, in New South Wales. These assets offer a robust production capacity and long mine life, contributing significantly to the firm's overall output. By efficiently managing these resources through best-in-class practices and cutting-edge technology, Evolution Mining has managed to optimize its gold extraction process, increasing yield while minimizing environmental impact. The firm's business model is grounded in the notion of creating value through the entire lifecycle of its assets. From exploration to development, and finally, to extraction, Evolution Mining continually seeks to enhance shareholder value. Its revenue stream flows primarily from the sale of gold, which is refined and marketed globally. Additionally, Evolution’s strategy of disciplined cost management ensures profitability even amidst volatile market conditions. By focusing on high-quality, low-cost assets and maintaining a relentless drive for operational excellence, Evolution Mining not only sustains its profitability but also positions itself for future growth in the ever-changing landscape of precious metals. This steadfast approach, coupled with a commitment to safety and community engagement, underscores its standing as a conscientious leader in the mining sector.

EVN Intrinsic Value
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What is Return on Equity?
Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.
How is ROE calculated?

ROE is calculated by dividing the Net Income by the Avg Total Equity.

ROE
26.4%
=
Net Income
AU$1.3B
/
Avg Total Equity
AU$5B
What is Evolution Mining Ltd's current ROE?

The current ROE for Evolution Mining Ltd is 26.4%, which is above its 3-year median of 14.1%.

How has ROE changed over time?

Over the last 3 years, Evolution Mining Ltd’s ROE has increased from 10.7% to 26.4%. During this period, it reached a low of 4.5% on Dec 31, 2023 and a high of 26.4% on Jan 1, 2026.

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