Evolution Mining Limited
EVN.AXBasic MaterialsASXGold · Last scanned May 30, 2026
Scan Results
Daily timeframePart of the basic materials sector, Evolution Mining Limited (EVN.AX) is listed under Gold. At a $24.66B market cap, Evolution Mining Limited ranks as a large-cap company within basic materials. It also explores for copper and silver deposits.
Market Cap
$24.66B
Beta
1.65
P/E (TTM)
18.39
P/E (Fwd)
11.09
EPS (TTM)
$0.66
EPS (Fwd)
$1.09
ROE
26.4%
ROA
13.3%
Cash
$966.5M
Total Debt
$1.49B
Free CF
$1.17B
52W Change
33.1%
Annual Financials
Cash vs Debt
Evolution Mining Limited carries $1.49B in total debt against $966.5M in cash reserves — debt is roughly 1.5x the cash position. Managing this leverage effectively will be important for long-term financial stability. Annual free cash flow of $1.17B supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 26.4%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 13.2% further supports the picture of efficient asset utilization. Revenue has grown from $1.86B (2021) to $3.30B (2024), reflecting a 77% increase over the period.
A beta of 1.65 means EVN.AX is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing EVN.AX.