Risk factor
Limited default risk
Profitability factor
Strong growth
About
Evolution Mining Limited engages in the exploration, mine development, mine operations, and sale of gold and gold-copper concentrates in Australia and Canada. It also explores for copper and silver deposits. As of June 30, 2022, the company operated five gold mines, such as Cowal in New South Wales; Ernest Henry and Mt Rawdon in Queensland;...
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/E
Target Price
The average target price of EVN.AX is 8.9 and suggests 23% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to de
Buy
Sell