)
Evolution Mining (EVN) investor relations material
Evolution Mining Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved a net cash position of $42 million at quarter end, with group cash flow of $406 million and a cash balance of $1.37 billion, up 42% sequentially, and no debt repayments until FY 2029.
Rapid de-leveraging from over 30% gearing to net cash in just over two years, removing around $1.7 billion of net debt while investing in high-grade projects and paying dividends.
Produced 170,000 ounces of gold and 11,000 tonnes of copper at an all-in sustaining cost (AISC) of $2,220/oz for continuing operations in the March quarter, on track for FY26 guidance at lower than original cost.
March quarter impacted by weather at Ernest Henry and maintenance at Cowal, but operations are now normalized and on track for FY26 production and cost guidance.
Exploration results at Mungari and Cowal indicate significant potential for resource growth and mine life extension, with multiple drill-ready targets advancing in North Queensland and Canada.
Financial highlights
Group operating mine cash flow for the quarter was $769 million, with net mine cash flow of $486 million.
Mungari delivered a record quarterly net mine cash flow of $175 million and gold production of 51,000 ounces.
Red Lake generated a record $104 million in cash flow for the quarter and nearly $225 million year to date.
Mount Rawdon contributed $13 million in the quarter and over $30 million year to date from processing low-grade stock material.
Paid 26th consecutive dividend of $406 million, mostly in cash, with total liquidity at ~$1.9 billion including undrawn $525 million revolving credit facility.
Outlook and guidance
On track to generate approximately $3.6 billion of operating mine cash flow in FY 2026, with group production expected at AISC of $1,640–1,760/oz, 6% lower than original guidance.
Full-year gold production guidance expected to be met; copper production to be at the lower end of guidance due to weather impacts.
Cowal expected to produce around 10% fewer ounces in FY 2027, with no material change in cash flows due to processing of stockpiled ore.
June quarter expected to further improve net cash position at current spot prices.
Capital management policy, including dividends and potential buybacks, to be reviewed and updated with full-year results.
- Record cash flow, lower AISC, and robust production drive strong outlook and balance sheet.EVN
Q2 202612 Apr 2026 - Record profit, cash flow, and dividend with major projects and reduced gearing.EVN
H1 202611 Feb 2026 - Record profit, cash flow, and dividends surge on higher gold/copper prices and project delivery.EVN
H1 202511 Feb 2026 - Record profit, cash flow, and dividend with strong FY26 outlook and major project progress.EVN
H2 202511 Feb 2026 - Record cash flow, reduced gearing, and robust FY26 outlook with disciplined capital management.EVN
Q4 202511 Feb 2026 - Record profit, strong cash flow, and higher dividends set the stage for robust FY25 performance.EVN
H2 202411 Feb 2026 - Record cash flow, lower costs, and exploration success set the stage for strong FY25.EVN
Q4 20243 Feb 2026 - Record cash flow, robust production, and exploration success drive strong FY25 outlook.EVN
Q1 202519 Jan 2026 - Record profit, higher dividends, and strategic growth initiatives drive strong outlook.EVN
AGM 202413 Jan 2026
Next Evolution Mining earnings date
Next Evolution Mining earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Explore our global coverage