EVN 0.28% $3.59 evolution mining limited

C1 Cash Costs and AISC are not recognised under Australian...

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    C1 Cash Costs and AISC are not recognised under Australian Accounting Standards and are classified as “non-IFRS financial information” under ASIC Regulatory Guide 230: Disclosing non-IFRS financial information.

    A number of ASX listed gold companies use non-IFRS financial information metrics to assess business performance and provide valuable additional insights into the underlying performance of their assets.

    Non-IFRS financial information should be considered in addition to, and not as a substitute for, financial information prepared in accordance with Australian Accounting Standards. Non-IFRS financial information metrics are usually unaudited.



    https://hotcopper.com.au/data/attachments/6088/6088740-fdae3e0855b7b64a92d7b8e4c2f21940.jpg


    Source
    : Extract from page 11 of Goldman Sachs research report dated 5 April 2024 on ComSec website (look under Recommendations/Goldman Sachs on the EVN stock code).

    Cheers

    These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
 
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