Commodity prices diverged in the quarter. Despite solid China steel production, iron ore and metallurgical coal prices are down, while copper rose on supply issues and hopes of faster global growth. However, prices are elevated compared with history and cost-curve support.
The company is in the first quartile of the gold cost curve, meaning it is less leveraged to changes in gold prices than its higher-cost competitors.
With roughly 85% of midcycle sales in fiscal 2028 from its Cowal, Red Lake, and Mungari mines, Evolution is dependent on production meeting expectations at these mines.
|
Metric
|
EVN
|
PRU
|
NST
|
|---|---|---|---|
Price/Earnings (Normalized) | 26.04 | 6.26 | 21.14 |
Price/Book Value | 2.03 | 1.43 | 1.99 |
Price/Sales | 2.93 | 1.99 | 3.87 |
Price/Cash Flow | 8.45 | 4.48 | 9.95 |
|
Metric
|
EVN
|
PRU
|
NST
|
|---|---|---|---|
Quick Ratio | 0.53 | 5.36 | 1.85 |
Current Ratio | 0.95 | 6.49 | 2.87 |
Interest Coverage | 3.05 | 89.95 | 11.43 |
|
Metric
|
EVN
|
PRU
|
NST
|
|---|---|---|---|
Return on Assets (Normalized) | 3.56% | 22.35% | 3.83% |
Return on Equity (Normalized) | 7.51% | 27.98% | 5.48% |
Return on Invested Capital (Normalized) | 6.25% | 25.00% | 5.21% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
ZIJMF
| Zijin Mining Group Co Ltd Class H | — | Rsmttp | $65.5 Bil | |
ZIJMY
| Zijin Mining Group Co Ltd ADR | — | Zqwrbh | $60.4 Bil | |
NEMCL
| Newmont Corp Chess Depository Interest | — | Ykrf | $43.2 Bil | |
NEM
| Newmont Corp | Nstvbjwvq | Jrht | $43.2 Bil | |
AEM
| Agnico Eagle Mines Ltd | Kvmpwdkmh | Mvtbb | $31.6 Bil | |
GOLD
| Barrick Gold Corp | Cbnhsjnbg | Csh | $28.8 Bil | |
WPM
| Wheaton Precious Metals Corp | Nmkrzgglm | Nctxq | $23.7 Bil | |
FNV
| Franco-Nevada Corp | — | Cchdhff | $23.4 Bil | |
GFI
| Gold Fields Ltd ADR | Rxpfynkkn | Xcdnh | $15.1 Bil | |
KGC
| Kinross Gold Corp | Xsgfj | Bzgws | $7.9 Bil |
