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BUZZ-Australia's Evolution Mining rises on in-line production guidance

Reuters
2025/07/16
BUZZ-Australia's <a href="https://laohu8.com/S/EVN.AU">Evolution Mining</a> rises on in-line production guidance

** Shares of Evolution Mining EVN.AX rise nearly 2% to A$7.85, their highest level since July 8; last up 1.4%

** Gold miner forecasts FY26 group production at 710-780KOZ for gold, 70-80KT for copper, $1,720-1,880/oz for all-in sustaining cost (AISC)

** EVN reports FY25 total gold production of 750.5 KOZ and copper production of 76.3 KT

** Citi says gold production guidance in line with consensus

** Brokerage says its consensus would be $1,700/oz for AISC, normalising for EVN's commodity price expectations, which is in line with the bottom end of co's guidance

** Stock up 62.2% YTD, including the session's moves

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com;))

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