- Evolution’s net income for the fiscal year stands at A$422.3 million, a significant increase from A$163.5 million last year.
- Revenue from contracts with customers reached A$3.22 billion, marking a 44% year-over-year growth.
- The final dividend per share has increased to A$0.050, compared to A$0.020 last year.
- Analyst recommendations include 9 buys, 6 holds, and 4 sells.
A look at Evolution Mining Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Evolution Mining Ltd, a gold exploration company with operations in Western Australia, shows a promising long-term outlook supported by its Smartkarma Smart Scores. With a solid momentum score of 4, Evolution Mining demonstrates strong market performance and growth potential. Additionally, the company’s value score of 3 and growth score of 3 indicate a balanced approach to investment, appealing to both value and growth investors. Despite a lower dividend score of 2 and resilience score of 2, Evolution Mining‘s overall positive Smart Scores position it well for future success.
In summary, Evolution Mining Ltd, owning gold mines such as Cracow, Edna May, Mt Rawdon, and Pajingo, along with the Mt Carlton development project, is poised for long-term growth and market stability. Investors can find confidence in the company’s favorable Smart Scores, particularly in momentum and value, underscoring Evolution Mining‘s potential for sustained success in the gold exploration sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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