With 3 more weeks remaining in this Quarter - I am incredibly optimistic about EVN's financial performance for Q1FY25
- There is a good production momentum from Q4FY24 that Jake's men (& Women) are carrying over to Q1FY25 - I expect them to be strategically somewhere in middle of the guidance to start the year off with style
- Gold prices have been incredibly favourable close to A$3500 which is good 10% above FY24 prices.
- Put these two together and we have potential to make a good start to the year.
- Not long ago EVN did a cap raise at ~3.8, followed by a fall in share price
- Many people including myself took advantage of that and built up a strong position knowing that EVN belongs north of $4 even when Gold was $2000 US and Copper was $4
- At todays prices EVN belongs at $5 - They just have to knock the ball out of the park in FY25 to have a strong re-rate.
- Hit the top end of the guidance in FY25 Jake and we will be $5! with Gold and copper staying where they are.
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- Ann: Record FY24 Profit and High Margin Cash Flow into FY25
With 3 more weeks remaining in this Quarter - I am incredibly...
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Last
$4.64 |
Change
0.070(1.53%) |
Mkt cap ! $9.210B |
Open | High | Low | Value | Volume |
$4.59 | $4.65 | $4.58 | $3.610M | 783.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 59112 | $4.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.64 | 45600 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 8767 | 4.640 |
31 | 109131 | 4.630 |
18 | 57737 | 4.620 |
18 | 135627 | 4.610 |
17 | 197689 | 4.600 |
Price($) | Vol. | No. |
---|---|---|
4.650 | 96268 | 27 |
4.660 | 103817 | 16 |
4.670 | 118216 | 17 |
4.680 | 208801 | 15 |
4.690 | 62877 | 11 |
Last trade - 11.07am 14/10/2024 (20 minute delay) ? |
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EVN (ASX) Chart |