BUZZ-Australia's Evolution Mining rises on stronger fiscal 2025 results

Reuters
Yesterday
BUZZ-Australia's <a href="https://laohu8.com/S/EVN.AU">Evolution Mining</a> rises on stronger fiscal 2025 results

** Shares of Evolution Mining EVN.AX rise as much as 6.5% to A$8.19, their highest level since June 18

** The gold miner reports statutory net profit of A$926 million ($604.31 million), rising more than double vs pcp

** Declares final dividend of 13 Australian cents per share, higher than 5 Australian cents apiece declared last year

** Co says it remains focused on continuing to generate high cash margins in FY26

** Stock up 68.8% this year, including the day's move

($1 = 1.5323 Australian dollars)

(Reporting by Shivangi Lahiri in Bengaluru)

((shivangi.lahiri@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10