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How to buy Evolution Mining (EVN) shares in Australia

Learn how to easily invest in Evolution Mining shares.

Evolution Mining is a gold business based in Australia. Evolution Mining shares (EVN) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Evolution Mining has a trailing 12-month revenue of around $2.4 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Evolution Mining

To buy shares listed in Australia such as Evolution Mining, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. Search for Evolution Mining.
    Find the share by name or ticker symbol: EVN. Research its history to confirm it's a solid investment against your financial goals.
  3. Purchase now or later.
    Buy today with a market order or use a limit order to delay your purchase until Evolution Mining reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. Decide on how many to buy.
    At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  5. Check on your investment.
    Congratulations, you own a part of Evolution Mining. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.

Evolution Mining stock price (ASX:EVN)

Use our graph to track the performance of EVN stocks over time.

Evolution Mining shares at a glance

Information last updated 2024-06-28.
52-week range$2.83 - $4.31
50-day moving average $3.835
200-day moving average $3.6006
Target price$3.84
PE ratio 38.8889
Dividend yield $0.04 (1.14%)
Earnings per share (TTM) $0.09

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy Evolution Mining stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Evolution Mining price performance over time

Historical closes compared with the last close of A$3.5

1 week (2024-06-20) -2.23%
1 month (2024-05-30) -8.62%
3 months (2024-03-28) -2.23%
6 months (2023-12-29) -11.62%
1 year (2023-06-30) 8.70%
2 years (2022-06-30) 47.06%
3 years (2021-06-30) -22.22%
5 years (2019-06-28) -19.72%

Is Evolution Mining under- or over-valued?

Valuing Evolution Mining stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Evolution Mining's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Evolution Mining's P/E ratio

Evolution Mining's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 39x. In other words, Evolution Mining shares trade at around 39x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Evolution Mining's EBITDA

Evolution Mining's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.2 billion (£0.0 million).

The EBITDA is a measure of a Evolution Mining's overall financial performance and is widely used to measure stock profitability.

Evolution Mining financials

Revenue TTM $2.4 billion
Operating margin TTM 19.33%
Gross profit TTM $858.2 million
Return on assets TTM 3.34%
Return on equity TTM 4.49%
Profit margin 6.55%
Book value 1.948
Market capitalisation $7 billion

TTM: trailing 12 months

Evolution Mining share dividends

50%

Dividend payout ratio: 50% of net profits

Recently Evolution Mining has paid out, on average, around 50% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.14% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Evolution Mining shareholders could enjoy a 1.14% return on their shares, in the form of dividend payments. In Evolution Mining's case, that would currently equate to about A$0.04 per share.

Evolution Mining's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 26 February 2024 (the "ex-dividend date").

Have Evolution Mining's shares ever split?

Evolution Mining's shares were split on a 1.0119:1 basis on 21 March 2010. So if you had owned 1 share the day before the split, the next day you would own 1.0119 shares. This wouldn't directly have changed the overall worth of your Evolution Mining shares – just the quantity. However, indirectly, the new 1.2% lower share price could have impacted the market appetite for Evolution Mining shares which in turn could have impacted Evolution Mining's share price.

Evolution Mining share price volatility

Over the last 12 months, Evolution Mining's shares have ranged in value from as little as $2.83 up to $4.31. A popular way to gauge a stock's volatility is its "beta".

EVN.AU volatility(beta: 0.89)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Evolution Mining's is 0.885. This would suggest that Evolution Mining's shares are less volatile than average (for this exchange).

Evolution Mining overview

Evolution Mining Limited engages in the exploration, mine development and operation, and sale of gold and gold-copper concentrates in Australia and Canada. The company also explores for copper and silver deposits. It owns and operates mines, including Cowal in New South Wales; Ernest Henry and Mt Rawdon in Queensland; Mungari in Western Australia; and Red Lake in Ontario, Canada. The company was formerly known as Catalpa Resources Limited and changed its name to Evolution Mining Limited in November 2011. Evolution Mining Limited was incorporated in 1998 and is based in Sydney, Australia.

Evolution Mining in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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