Subscribe Now   -   Standard: only $299 per year   or   Premium: only $399 per year  -   Click Here

Evolution Mining Ltd

www: www.evolutionmining.com.au   email: admin.sydney@evolutionmining.com.au
Category: Major
Rating:
Upside Downside Quality
2.5 3.5 A-
Risk: Some View History

Rating History

Date Category Rating Risk
Upside Downside Quality
05/17/2026 Major 2.5 3.5A-Some
Current Major 2.5 3.5A-Some
Profile
Notes
Forum
Your Data

Click for
TradingView
chart

Price Data

Symbol Traded Checked Price
ASX:EVN 10/14/2026 10/15/2026 AUD 12.2050
OTCMKTS:CAHPF 10/12/2026 10/14/2026 USD 9.0000

Performance

+/-
since 		1 Day Last Friday 4 Weeks
-2.87% -6.51% -13.38%
3 Months 6 Months 1 Year
5.31% -10.72% 11.46%

Your Portfolios

Login to start a portfolio.

Scorecard   (1 Star = Poor, 5 Stars = Excellent)

Category Don's Site Average Yours Category
Balance Sheet Balance Sheet
Costs (Exp/Dev/Prod) Costs (Exp/Dev/Prod)
Exploration Potential Exploration Potential
Management/Execution Management/Execution
Ownership/Hedging Ownership/Hedging
Project Locations/Taxes Project Locations/Taxes
Properties/Projects/Pipeline Properties/Projects/Pipeline
Share Structure/Dilution Share Structure/Dilution
Risk (1 = High, 5 = Low) Risk (1 = High, 5 = Low)
Upside Potential Upside Potential
3 Ratings

Your Summary (edit)

Stock Summary (from last analysis - 05/17/2026)

Evolution Mining is a large gold producer in Australia and Canada. They have 5 producing mines in Australia and 1 in Canada, and will produce about 750,000 oz in 2026. They have moderate cash costs (about $900 per oz) and are very profitable. They have $700 million in cash and $650 million in debt, but huge free cash flow (currently $1.9B FCF runrate). With 31 million oz of resources (1 gpt), they will likely expand production. They have 1.5 million acres for exploration.

25% of their revenue comes from copper, which keeps their costs down, and could lower their costs if copper prices rise.

At their current FD market cap of $18 billion, it's not cheap. However, what they have going for them are moderate costs and steady production. If gold prices explode, companies like this are going to benefit dramatically as their cash flow explodes.

This is a good income stock. The current dividend is around 2%, which varies year to year based on their profits. I think they are a shark and plan to grow through acquisitions.


DD

General Details

Financial 05/17/2026
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
MCap (FD): $18,136.85M $17,388.72M 05/17/2026 $-748.14M
MCap (OS): $18,084.24M $17,338.27M 05/17/2026 $-745.97M
Total Assets: $7,154.45M $6,994.21M 05/17/2026 $-160.24M
Total Liabilities: $3,147.96M $3,077.45M 05/17/2026 $-70.50M
Current Assets: $691.12M $675.64M 05/17/2026 $-15.48M
Current Liabilities: $143.09M $139.88M 05/17/2026 $-3.20M
Total Debt: $930.08M $909.25M 05/17/2026 $-20.83M
Cash: $691.12M $675.64M 05/17/2026 $-15.48M
Debt (Net): $238.96M $233.61M $-5.35M
Enterprise Value: $18,375.81M $17,622.33M $-753.49M
Cash Flow: $1,830.07M $1,530.37M never $-299.70M
Cash Flow Multiple: 9.91 11.36 never 1.45
Net Debt to
Cash Flow Ratio:		 0.13 0.15 never 0.02
Finance within 1 year: No No 05/17/2026 n/a
Misc 05/17/2026
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Shares Outstanding: 2,031,090,542 2,031,090,542 05/17/2026 0
Shares (FD): 2,037,000,000 2,037,000,000 05/17/2026 0
Insider Ownership: n/a n/a 05/17/2026 n/a
Dividend (Annual): 0.56% 0.57% 05/17/2026 0.01
Company Type: Mostly Gold Mostly Gold never n/a
Group: Producer Producer never n/a
Production ETA: n/a n/a 05/17/2026 n/a
Production (Gold Eq Oz.): (guess) 
750,000		 (guess) 
750,000		 05/17/2026 0
Production (Silver Eq Oz.): (guess) 
44,633,209		 (guess) 
55,040,190		 05/17/2026 10,406,981
Development Phase: Producer (Multiple Mines) Producer (Multiple Mines) 05/17/2026 n/a
Optionality Play: none No
F
U
T
U
R
E		 % of Spot: 30
Producer: Elite Quality
 30
Producer: Elite Quality
 05/17/2026 0
Cash Flow Multiple: 24 24 05/17/2026 0.00

Resource Data

GOLD 05/17/2026
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: 11.00M 11.00M 05/17/2026 0.00M
Measured & Indicated: 23.00M 23.00M 05/17/2026 0.00M
Inferred: 9.00M 9.00M 05/17/2026 0.00M
Reserves & Resources: 32.00M 32.00M never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: 9.90M 9.90M 05/17/2026 0.00M
Measured & Indicated: 18.54M 18.54M 05/17/2026 0.00M
Inferred: 4.05M 4.05M 05/17/2026 0.00M
Reserves & Resources: 22.59M 22.59M never 0.00M
C
U
R
R
E
N
T		 Annual Production: (guess) 
750,000oz.		 (guess) 
750,000oz.		 05/17/2026 0oz.
Cash Cost: $1,100 $1,100 05/17/2026 $0.00
Extra Operating Cost: $1,000 $1,000 05/17/2026 $0.00
Total: $2,100 $2,100 05/17/2026 $0.00
Margin (Free Cash Flow): $2,440 (54%) $2,040 (49%) $-399.60
MCap / Production (AuEq): $24,182.47 $23,184.96 $-997.52
EV / Production (AuEq): $24,501.08 $23,496.43 $-1,004.65
G
R
A
D
E		 Underground (Avg): 4.00 g/t 4.00 g/t 05/17/2026 n/a
Open Pit (Avg): n/a 1.00 g/t 05/17/2026 n/a
Recovery Rate: (CG)  90.00% (CG)  90.00% 05/17/2026 0.00%
F
U
T
U
R
E		 Proven & Probable: 23.00M 23.00M 05/17/2026 0.00M
Annual Production: 850,000oz. 850,000oz. 05/17/2026 0oz.
Cash Cost: $1,250 $1,250 05/17/2026 $0
Extra Operating Cost: $1,000 $1,000 05/17/2026 $0
SILVER 05/17/2026
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: n/a n/a 05/17/2026 0.00M
Measured & Indicated: n/a n/a 05/17/2026 0.00M
Inferred: n/a n/a 05/17/2026 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: n/a n/a 05/17/2026 0.00M
Measured & Indicated: n/a n/a 05/17/2026 0.00M
Inferred: n/a n/a 05/17/2026 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T		 Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 05/17/2026 $0.00
Extra Operating Cost: n/a n/a 05/17/2026 $0.00
Total: n/a n/a 05/17/2026 $0.00
Margin (Free Cash Flow): n/a $0.00
MCap / Production (AgEq): $406.35 $315.93 $-90.43
EV / Production (AgEq): $411.71 $320.17 $-91.54
G
R
A
D
E		 Underground (Avg): n/a n/a 05/17/2026 n/a
Open Pit (Avg): n/a n/a 05/17/2026 n/a
Recovery Rate: n/a n/a 05/17/2026 0.00%
F
U
T
U
R
E		 Proven & Probable: n/a n/a 05/17/2026 0.00M
Annual Production: n/a n/a 05/17/2026 n/a
Cash Cost: n/a n/a 05/17/2026 n/a
Extra Operating Cost: n/a n/a 05/17/2026 n/a

Property

Last Analysis Data  (05/17/2026)
Stage Name Owned
%		 NPV
$M		 IRR
%		 CapEx
$M		 Au Ag Cu Notes
Prod Cowal
100 show
9M oz.
Prod Ernest Henry
100 show
2.2M oz
Prod Mt Rawdon
100 n/a
Prod Mungari
100 n/a
Prod Northparkes
100 n/a
Prod Red Lake
100 show
Large gold mine.

200,000 oz per year.
Current Data
Stage Name Owned
%		 NPV
$M		 IRR
%		 CapEx
$M		 Au Ag Cu Notes
Prod Cowal
100 show
9M oz.
Prod Ernest Henry
100 show
2.2M oz
Prod Mt Rawdon
100 n/a
Prod Mungari
100 n/a
Prod Northparkes
100 n/a
Prod Red Lake
100 show
Large gold mine.

200,000 oz per year.

Profitability (by resource)

Proven &
Probable		 05/17/2026
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 11.00M 11.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 152.64M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 9.90M 9.90M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 137.37M
Maximum Profit (Gold): $24,156.89M $20,200.85M n/a $-3,956.04M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $24,156.89M $20,200.85M n/a $-3,956.04M
Max Profit / Current MCap: 1.332 1.162 n/a -0.170
Max Profit Per Share (Gold): $11.86 $9.92 n/a $-1.94
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $11.86 $9.92 n/a $-1.94
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD MCap / Gold Eq.: $1,832.01 $1,756.44 n/a $-75.57
FD MCap / Silver Eq.: $30.78 $23.93 n/a $-6.85
FD MCap / Per Metal
as % Spot Price:		 40.35% 42.42% n/a 2.07%
EV / Gold Eq.: $1,856.14 $1,780.03 n/a $-76.11
EV / Silver Eq.: $31.19 $24.26 n/a $-6.93
EV / Per Metal
as % Spot Price:		 40.88% 42.99% n/a 2.11%
Measured &
Indicated		 05/17/2026
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 23.00M 23.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 319.15M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 18.54M 18.54M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 257.26M
Maximum Profit (Gold): $45,239.27M $37,830.68M n/a $-7,408.58M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $45,239.27M $37,830.68M n/a $-7,408.58M
Max Profit / Current MCap: 2.494 2.176 n/a -0.319
Max Profit Per Share (Gold): $22.21 $18.57 n/a $-3.64
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $22.21 $18.57 n/a $-3.64
Total Free Profit Per Share: $9.76 $6.37 n/a $-3.40
FD MCap / Gold Eq.: $978.26 $937.90 n/a $-40.35
FD MCap / Silver Eq.: $16.44 $12.78 n/a $-3.66
FD MCap / Per Metal
as % Spot Price:		 21.55% 22.65% n/a 1.10%
EV / Gold Eq.: $991.14 $950.50 n/a $-40.64
EV / Silver Eq.: $16.65 $12.95 n/a $-3.70
EV / Per Metal
as % Spot Price:		 21.83% 22.96% n/a 1.13%

Reserves &
Resources		 05/17/2026
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 32.00M 32.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 444.03M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 22.59M 22.59M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 313.46M
Maximum Profit (Gold): $55,121.63M $46,094.67M n/a $-9,026.96M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $55,121.63M $46,094.67M n/a $-9,026.96M
Max Profit / Current MCap: 3.039 2.651 n/a -0.388
Max Profit Per Share (Gold): $27.06 $22.63 n/a $-4.43
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $27.06 $22.63 n/a $-4.43
Total Free Profit Per Share: $14.62 $10.42 n/a $-4.19
FD MCap / Gold Eq.: $802.87 $769.75 n/a $-33.12
FD MCap / Silver Eq.: $13.49 $10.49 n/a $-3.00
FD MCap / Per Metal
as % Spot Price:		 17.68% 18.59% n/a 0.91%
EV / Gold Eq.: $813.45 $780.09 n/a $-33.35
EV / Silver Eq.: $13.67 $10.63 n/a $-3.04
EV / Per Metal
as % Spot Price:		 17.92% 18.84% n/a 0.92%

Future Valuation (Cash Flow & Totals)

Totals 05/17/2026
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
C
U
R
R
E
N
T		 R & R Valuation: $30,768.19M $28,060.10M n/a $-2,708.09M
FD MCap: $18,136.85M $17,388.72M n/a $-748.14M
Annual Gold Production: (guess) 
750,000oz.		 (guess) 
750,000oz.		 05/17/2026 0oz.
Annual Silver Production: n/a n/a 0oz.
F

U

T

U

R

E		 FD MCap (Resources): $48,300.00M $48,300.00M n/a $0M
FD MCap Growth (Resources): 166% 178% n/a 11%
FD MCap (Cash Flow): $96,900.00M $96,900M n/a 0.00M
FD MCap Growth (Cash Flow): 434% 457% n/a 23%
Estimated
Price		 USD: $47.57 $47.57 n/a $0.00
AUD: $66.4901 $68.0133 n/a $1.5233
Ratio FD MCap (Resources : Cash Flow): 0.50 0.50 n/a 0.00
Annual
Production		 Gold: 850,000 oz. 850,000 oz. n/a 0 oz.
Silver: n/a n/a n/a n/a
Current
FD MCap / 		Gold Eq. Reserves: 788.56 756.03 n/a -32.53
Silver Eq. Reserves: 22.53 21.60 n/a -0.93
Gold Eq. Production: 21,337.48 20,457.32 n/a -880.16
Silver Eq. Production: 609.64 584.49 n/a -25.15
P&P
Reserves
(oz.)		 Gold: 23.00M 23.00M 05/17/2026 n/a
Silver: n/a n/a 05/17/2026 n/a
Gold Eq.: 23.00M 23.00M 05/17/2026 n/a
Silver Eq.: 805.00M 805.00M 05/17/2026 n/a
P&P Reserves
per FD
Share (oz.)		 Gold: 0.011 0.011 n/a n/a
Silver: n/a n/a n/a n/a
Gold Eq.: 0.011 0.011 n/a n/a
Silver Eq.: 0.395 0.395 n/a n/a
Free Cash Flow 05/17/2026
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Current: $1,830.07M $1,530.37M n/a $-299.70M
Current Multiple: 9.91 11.36 n/a 1.45
Current FCF/MCap Ratio: 10.09% 8.80% n/a -1.29%
Current FCF/Share: $0.90 $0.75 n/a $-0.15
F
U
T
U
R
E		 @ current pm prices: $1,946.58M $1,606.92M n/a $-339.66M
Multiple @ current pm prices: 9.32 10.82 n/a 1.50
Growth @ current pm prices: 6.37% 5.00% n/a -0.01
@ future prices: $4,037.50M $4,037.50M n/a $0.00M
Multiple @ future prices: 4.49 4.31 n/a -0.19
Growth @ future prices: 163.83% 163.83% n/a 0.43

Defaults

We use cookies on this website. By using this site, you agree that we may store and access cookies on your device. Find out more here.     ×