EVN - Evolution Mining Limited - Strawman: ASX share price, valuation, research and discussion

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Last edited 2 years ago

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#Business Model/Strategy

stale

Added 2 years ago

FY22 production guidance lowered from 650K to 640K

AISC guidance increased from 1,190/oz to 1,250

Reasons include higher number of people sick from Covid after WA border reopenings and Cowal being impacted by wet weather.

Down 20%+

The negative report also impacted other gold miners including NST (down 12% which is a big smackdown on my real life holding!!!)

Not a good period to invest in gold miners.

Evolution Mining Limited