AISC in AUD was a little higher than forecast but when converted to USD EVN is still in line with the best in the world. When those $1800 AUD hedges are gone $2000+ AUD gold prices will boost the bottom line even more.
"FY20 Guidance
Evolution is forecasting FY20 Group gold production of 725,000 –775,000 ounces of gold with AISC expected to be in the range of A$890 –A$940 per ounce. Using the average AUD:USD exchange rate of 0.7156 for the 12 months to 30 June 2019, Evolution’s forecast FY20 costs are among the lowest of global gold producers and equate to AISC of US$635 –US$670 per ounce"
AISC in AUD was a little higher than forecast but when converted...
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Last
$4.64 |
Change
0.120(2.65%) |
Mkt cap ! $9.229B | |||
| Open | High | Low | Value | Volume |
| $4.55 | $4.64 | $4.54 | $43.61M | 9.472M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10522 | $4.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.64 | 137469 | 17 |
View Market Depth
| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| EVN (ASX) Chart |