EVN 0.38% $3.97 evolution mining limited

Share price set to rise ANN, page-45

  1. 287 Posts.
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    I am not selling because I am expecting evn s/p to outperform all other goldies in coming months. The reason I expect it to outperform is because its Revenue Per Share (ttm) at 0.92c, when compared against the likes of NCM at 3.82, tells evn s/p is undervalued by about 40-50% when compared to NCM s/p. And that's ignoring evn far better position in debt etc.

    When evolution starts mining at Edna Beryl latter this year, goodness knows what the s/p could attain given that EVN believes its the highest grade gold mine in Australia. I believe management are not satisfied being australia's second largest gold miner, so todays s/p might be a super bargain given the potential
    Last edited by glend: 02/07/16
 
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