How to buy Evolution Mining (EVN) shares

Learn how to easily invest in Evolution Mining shares.

Evolution Mining Limited
AU: EVN - AUD
GOLD
A$3.61
- A$0.15 ( - 3.99%)

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Evolution Mining Limited 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 $1.9 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Evolution Mining

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. 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.
  4. 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. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. 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.
  6. Check in on your investment. Congratulations, you own a part of Evolution Mining. Optimise your portfolio by tracking how your stock — and even 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 can 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 2021-09-24.
52-week range$3.58 - $6.2719
50-day moving average $3.9189
200-day moving average $4.4313
Target price$4.39
PE ratio 17.9602
Dividend yield $0.12 (3.19%)
Earnings per share (TTM) $0.201

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.
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
AUD $5
No
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
ThinkMarkets Share Trading
AUD $8
No
ASX shares
Limited-time offer: Get 10 free ASX trades ($0 brokerage) when you open a share trading account with ThinkMarkets(T&Cs apply).$8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
Saxo Capital Markets (Classic account)
AUD $5
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Invest
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
HSBC Online Share Trading
AUD $19.95
No
ASX shares, mFunds, ETFs, Bonds
Limited time offer: Get up to $100 in brokerage rebates on your first 5 trades when you sign up to a HSBC Online Share Trading account (T&Cs apply). Make trades online with brokerage fees starting from just $19.95 with an HSBC Online Share Trading account. Plus gain access to complimentary expert research, trading ideas and tools.
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Invest in Australian shares, options and managed funds from the one account with no inactivity fee.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
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Compare up to 4 providers

Is it a good time to buy Evolution Mining stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. 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$3.61

1 week (2021-09-17) -4.75%
1 month (2021-08-25) -9.52%
3 months (2021-06-25) -23.03%
6 months (2021-03-25) -18.14%
1 year (2020-09-25) -36.89%
2 years (2019-09-25) -24.79%
3 years (2018-09-25) 34.70%
5 years (2016-09-23) 44.98%

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 18x. In other words, Evolution Mining shares trade at around 18x recent earnings.

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

Evolution Mining's EBITDA

Evolution Mining's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $898.1 million (£0.0 million).

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

Evolution Mining financials

Revenue TTM $1.9 billion
Operating margin TTM 27.74%
Gross profit TTM $578.9 million
Return on assets TTM 8.36%
Return on equity TTM 13.81%
Profit margin 18.52%
Book value 1.484
Market capitalisation $6.6 billion

TTM: trailing 12 months

Evolution Mining share dividends

71%

Dividend payout ratio: 70.59% of net profits

Recently Evolution Mining has paid out, on average, around 70.59% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.66% 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 2.66% return on their shares, in the form of dividend payments. In Evolution Mining's case, that would currently equate to about A$0.12 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 29 August 2021 (the "ex-dividend date").

Have Evolution Mining's shares ever split?

Evolution Mining's shares were split on 21 March 2010.

Evolution Mining share price volatility

Over the last 12 months, Evolution Mining's shares have ranged in value from as little as $3.58 up to $6.2719. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Evolution Mining's is -0.1271. This would suggest that Evolution Mining's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Evolution Mining has bucked the trend.

Evolution Mining overview

Evolution Mining Limited engages in the exploration, mine development, mine operations, and sale of gold and gold/copper concentrates in Australia and Canada. The company also explores for copper and silver deposits. As of June 30, 2021, it operated five gold mines, such as Cowal in New South Wales; Mt Carlton and Mt Rawdon in Queensland; Mungari in Western Australia; and Red Lake in Ontario. The company also holds an economic interest in the Ernest Henry copper-gold operation in Queensland; and a 100% interest in the Crush Creek project located southeast of the Mt Carlton Operation in Queensland. In addition, it holds a 100% interest in the Kundana Operations; a 51% interest in the East Kundana Joint Venture; a 100% interest in the certain tenements comprising the Carbine project; and a 75% interest in the West Kundana Joint Venture. 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.

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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