Evolution's FY27 Outlook Signals Broadly Align with Expectations

Dow Jones07-15 09:22

0122 GMT - Evolution Mining's signals around its FY27 earnings guidance broadly align with Ord Minnett's expectations. Evolution says it will provide fuller guidance at its annual result in August. Still, the gold miner says it doesn't expect material changes to production, while anticipating that inflation will add some 4-5% to all-in sustaining costs. Evolution also points to an up to A$60 million rise in sustaining expenditure, and A$130 million-A$160 million of higher mine development costs. Ord Minnett anticipates Evolution's all-in sustaining capex will rise by A$200/oz in FY27 compared with the prior 12 months. That would more than offset Ord Minnett's higher copper price forecast, analyst Paul Kaner says. Evolution is down 0.9% at A$11.68 today. (david.winning@wsj.com; @dwinningWSJ)

 

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July 14, 2026 21:22 ET (01:22 GMT)

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