EVOLUTION MINING

sollte den Boden gefunden haben, starker Dollar ist auch nützlich

Evolution Mining Ltd

Australischer Minenbetreiber, der hpts. in Queensland, aber auch in New South Wales und Western Australia aktiv ist. Der jüngst veröffentlichte HJ-Bericht sieht gut aus, hier sollte es in Richtung 52 Wo.-Hoch gehen können.

piccolo90 stimmt dem Crowdsentiment von 'Buy' zu

Evolution Mining Ltd

Evolution Mining: A Rare Opportunity To Buy An Industry Leader On Sale

• Evolution Mining released its fiscal Q1 2021 results last month and reported a slow start to FY2021 operationally, but is positioned to be net cash positive fiscal Q3 2021.
• Following a larger-than-expected resource estimate at Red Lake, Evolution is set to see a massive boost to its mineral resources, with total resources of 25 plus million ounces.
• Based on a market cap of just ~US$6.41 billion, Evolution is trading at barely US$260.00/oz, a valuation that is far too cheap for an industry leader.
• Given Evolution's exceptional margins and solid organic growth profile, I see this pullback below US$3.75 as a buying opportunity.
• It's been a rough few months for the precious metals sector (NYSEARCA:GLD), with gold down nearly 15% from its highs and the Gold Miners Index (GDX) plunging nearly 30%. While this has certainly not been pleasant for those fully invested, it's provided a rare opportunity for those on the sidelines to start positions ...

Evolution Mining: A Strong Finish To H1 2021

• Evolution Mining reported another strong quarter in fiscal Q2 2021 and is well on track to meet its FY2021 guidance of 700,000 ounces of annual production at the mid-point.
• While production has remained relatively flat over the past two years due to shuffling the project portfolio, both Cowal and Red Lake should significantly boost production growth by FY2023.
• At a share price of US$3.55 per share, Evolution is valued at just $231.00~/oz, which is dirt-cheap valuation for a producer getting ounces out of the ground for $900.00~/oz.
• I continue to see Evolution Mining as a top-10 gold producer, and I see this current correction as a low-risk buying opportunity.