Evolution Mining Limited (CAHPF) Stock

About Evolution Mining Limited

Evolution Mining Limited, based in Sydney, Australia, specializes in the comprehensive process of gold and gold-copper mining. Its operations encompass exploration, mine development, ongoing production, and the sale of gold and gold-copper concentrates in both Australia and Canada. The company also undertakes exploration for additional copper and silver deposits. As of June 30, 2022, Evolution Mining managed five active gold mines. These include Cowal in New South Wales, Ernest Henry and Mt Rawdon in Queensland, and Mungari in Western Australia, alongside the Red Lake operation in Ontario, Canada. Its broader asset portfolio features 100% ownership of both the Kundana Operations and the Carbine project tenements. Furthermore, it holds a 51% stake in the East Kundana Joint Venture and a 75% interest in the West Kundana Joint Venture. Originally incorporated in 1998 as Catalpa Resources Limited, the company adopted its current name, Evolution Mining Limited, in November 2011.

Evolution Mining Limited is headquartered in AU.

Evolution Mining Limited (CAHPF) stock trades at $9.75 with a market capitalization of $19.80B. The stock is valued at a price-to-earnings (P/E) ratio of 21.09, price-to-book of 4.99, price-to-sales of 5.53. Over the past 52 weeks the stock has ranged between $0.01 and $12.70, and currently trades 23.2% below its 52-week high. It pays a dividend yielding 2.87%.

On profitability, Evolution Mining Limited generates a return on equity (ROE) of 25.07% — well above the market average, a sign of a high-quality business, return on capital employed of 22.45%, an operating margin of 40.03%, a net profit margin of 25.97%.

In its most recent fiscal year, Evolution Mining Limited reported annual revenue of $4.4B, net profit of $926.0M, revenue has compounded at 17.5% a year over the last five years, profit at 25.1% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.27 — a conservative balance sheet with little leverage risk, a current ratio of 1.86, total assets of $9.6B, $760.0M in cash and equivalents.

CAHPF has an average daily trading volume of 7,220 shares, a beta of 1.60 (more volatile than the overall market).

Official website: evolutionmining.com