Evolution Mining Ltd
ASX:EVN
Intrinsic Value
Evolution Mining Ltd. engages in the exploration of gold mines. [ Read More ]
The intrinsic value of one EVN stock under the Base Case scenario is 4.87 AUD. Compared to the current market price of 3.52 AUD, Evolution Mining Ltd is Undervalued by 28%.
Valuation Backtest
Evolution Mining Ltd
Run backtest to discover the historical profit from buying and selling EVN stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Evolution Mining's Mixed December Quarter
2024-Q2 Earnings Call
Evolution Mining's December quarter showed a production dip to 161,000 ounces at AUD1,618 per ounce, less than expected mainly due to challenges at Red Lake and weather disruptions. Despite these issues, annual guidance remains intact at 789,000 ounces with costs at AUD1,340 per ounce, reflecting a plus or minus 5% deviation. The quarter also saw an increase in recordable injuries, a matter of concern. On the brighter side, the company experienced robust cash flow growth, notably an 85% surge in net mine cash flow to AUD132 million and ended the quarter with AUD191 million in cash. The completion of the Northparkes transaction marks a highlight, promising liquidity of AUD716 million. Continuous improvements across operations, particularly Ernest Henry, Cowal, and Mungari, contrast with Red Lake's ongoing reliability struggles, forcing a revision of its fiscal year output to 125,000-135,000 ounces.
Balance Sheet Decomposition
Evolution Mining Ltd
Current Assets | 744.6m |
Cash & Short-Term Investments | 191m |
Receivables | 226.8m |
Other Current Assets | 326.8m |
Non-Current Assets | 7.5B |
Long-Term Investments | 36m |
PP&E | 7.1B |
Other Non-Current Assets | 391.3m |
Current Liabilities | 782.8m |
Accounts Payable | 588.5m |
Other Current Liabilities | 194.3m |
Non-Current Liabilities | 3.6B |
Long-Term Debt | 1.9B |
Other Non-Current Liabilities | 1.7B |
Earnings Waterfall
Evolution Mining Ltd
Revenue
|
2.4B
AUD
|
Cost of Revenue
|
-1.9B
AUD
|
Gross Profit
|
501.4m
AUD
|
Operating Expenses
|
-74m
AUD
|
Operating Income
|
427.4m
AUD
|
Other Expenses
|
-268m
AUD
|
Net Income
|
159.5m
AUD
|
Free Cash Flow Analysis
Evolution Mining Ltd
What is Free Cash Flow?
EVN Profitability Score
Profitability Due Diligence
Evolution Mining Ltd's profitability score is 51/100. The higher the profitability score, the more profitable the company is.
Score
Evolution Mining Ltd's profitability score is 51/100. The higher the profitability score, the more profitable the company is.
EVN Solvency Score
Solvency Due Diligence
Evolution Mining Ltd's solvency score is 34/100. The higher the solvency score, the more solvent the company is.
Score
Evolution Mining Ltd's solvency score is 34/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
EVN Price Targets Summary
Evolution Mining Ltd
According to Wall Street analysts, the average 1-year price target for EVN is 3.71 AUD with a low forecast of 2.93 AUD and a high forecast of 4.83 AUD.
Shareholder Return
EVN Price
Evolution Mining Ltd
Average Annual Return | 0.23% |
Standard Deviation of Annual Returns | 31.67% |
Max Drawdown | -71% |
Market Capitalization | 7B AUD |
Shares Outstanding | 1 985 880 000 |
Percentage of Shares Shorted |
N/A
|
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Evolution Mining Ltd. engages in the exploration of gold mines. The company is headquartered in Sydney, New South Wales and currently employs 1,977 full-time employees. The company went IPO on 2002-08-20. The firm operates gold-related mining projects in Australia and in Ontario, Canada. The company owns and operates mines: Cowal in New South Wales; Mt Rawdon, and Ernest Henry, in Queensland; and Mungari in Western Australia. The Cowal gold operation is an open-pit gold operation located approximately 350 kilometers (km) west of Sydney. The Mt. Rawdon open pit gold operation is located approximately 75km south-west of Bundaberg, Queensland. The Mungari gold operation is located approximately 600km east of Perth and 20km west of Kalgoorlie in Western Australia. The Ernest Henry copper-gold operation is operated by Glencore. The company also operates Red Lake mining asset, which is an underground gold mine in western Ontario, Canada.
Contact
IPO
Employees
Officers
The intrinsic value of one EVN stock under the Base Case scenario is 4.87 AUD.
Compared to the current market price of 3.52 AUD, Evolution Mining Ltd is Undervalued by 28%.