- Gold production decreased by 4.4% in the first quarter, totaling 174,000 ounces compared to the previous quarter’s 182,000 ounces.
- Cowal gold production saw a reduction of 5.3%, with production figures at 71,000 ounces this quarter.
- Gold production at Ernest Henry declined by 5.6%, resulting in 17,000 ounces.
- Red Lake gold production was down by 6.3%, reaching 30,000 ounces for the quarter.
- Mungari was notable for its increase in production, up by 2.6% to 40,000 ounces this quarter.
- Mt Rawdon experienced a significant drop in production by 25%, producing 6,000 ounces.
- All-in sustaining costs were reported at A$1,724 per ounce.
- Copper production also decreased by 5.3%, with a total of 18,000 tons produced this quarter.
- Gold sales volume showed a slight decline of 1.7%, with 175,000 ounces sold.
- The company remains on track to meet its full-year 2026 production and cost guidance.
- Analyst recommendations for the company’s stock include 4 buys, 7 holds, and 8 sells.
Evolution Mining on Smartkarma
Evolution Mining has garnered positive analyst coverage on Smartkarma, with various independent analysts sharing their insights on the company’s performance and potential. Baptista Research, in their report titled “Evolution Mining: Initiation of Coverage- Production Breakthroughs & Smart Spending Signal Strong Upside!”, highlighted the company’s strong performance in the June 2025 quarter, particularly noting the production of 182,000 ounces of gold and 19,000 tonnes of copper. However, Baptista Research also pointed out the impact of higher all-in sustaining costs (AISC) due to elevated gold prices.
Another analyst, Brian Freitas, discussed Evolution Mining‘s global index inclusion in May amidst a rally in gold prices. Freitas noted the significant market cap increase for Evolution Mining, leading to potential inclusion in global indices. The report mentioned that Evolution Mining has performed comparably to its peers and could experience outperformance in the coming weeks following the index inclusion. These analyses provide investors with valuable insights into Evolution Mining‘s position in the market and its future growth prospects.
A look at Evolution Mining Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
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, has garnered positive Smart Scores across various key factors. With a high Growth score of 5, the company is positioned for expansion and development in the long term. This indicates potential for increased profitability and market growth.
Moreover, Evolution Mining scores well in Resilience and Momentum with scores of 4, showcasing a strong ability to withstand market fluctuations and maintain its performance. This, coupled with its moderate scores in Value and Dividend, reflects a balanced approach to both growth and stability. Overall, Evolution Mining‘s outlook appears promising for investors seeking a company with growth potential and steady performance 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
π‘ Before itβs here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- β Unlimited Research Summaries
- β Personalised Alerts
- β Custom Watchlists
- β Company Analytics and News
- β Events & Webinars
