Evolution Mining Ltd
ASX:EVN
ROE
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.
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.
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 |
P
|
Polyus PJSC
LSE:PLZL
|
70.4T USD |
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|
|
| ZA |
G
|
Gold Fields Ltd
JSE:GFI
|
801.4B ZAR |
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|
|
| ZA |
H
|
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 |
G
|
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
| Min | -8 644.7% |
| 30th Percentile | -17.8% |
| Median | -0.3% |
| 70th Percentile | 9.1% |
| Max | 33 437.7% |
Other Profitability Ratios
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.
See Also
ROE is calculated by dividing the Net Income by the Avg Total Equity.
The current ROE for Evolution Mining Ltd is 26.4%, which is above its 3-year median of 14.1%.
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.