Evolution Mining Limited (EVN.AX)
Evolution Mining Limited operates in the Gold industry of the Basic Materials sector, headquartered in Sydney, NSW, AU. The stock last traded at $13.68, down 1.16% on the session, giving a market capitalisation of $27.79B. Its beta of 1.60 implies it has historically moved more than the broad market.
Based in Sydney, Australia, Evolution Mining Limited is a company primarily focused on the discovery, development, operation, and commercialization of gold and gold-copper concentrates throughout Australia and Canada. The firm also actively seeks out new copper and silver deposits. By June 30, 2022, its portfolio included the operation of five key gold mines: Cowal in New South Wales; Ernest Henry and Mt Rawdon in Queensland; Mungari in Western Australia; and Red Lake in Ontario. Furthermore, the company maintains substantial interests, such as fully owning Kundana Operations and certain tenements within the Carbine project, holding a 51% share in the East Kundana Joint Venture, and a 75% share in the West Kundana Joint Venture. Established in 1998, the entity adopted its current name, Evolution Mining Limited, in November 2011, previously operating as Catalpa Resources Limited.
Evolution Mining Limited is most often compared with the following Basic Materials names: