Evolution Mining delivered record cash flow and a net cash position in FY26, exiting June fully unhedged. CEO Lawrie Conway said growth projects remain on track.
Evolution Mining closed fiscal 2026 with record cash flow and a net cash position, the company said Monday after the ASX close. The gold miner delivered into its group guidance for the year and exited June fully unhedged, capturing the benefit of elevated metal prices.
CEO Lawrie Conway said the June quarter rounded out a strong year, with growth projects on track and on budget. The company maintained cost and capital discipline to stay among the lowest-cost producers in the sector, he said. Total recordable injury frequency held at 5.9.
The result builds on improved operational consistency over the past two years. Evolution did not provide specific production or cost figures in the prepared remarks. The full quarterly report was released on the ASX and served as the reference point for the call.
JPMorgan's Jonathon Sharp and Goldman Sachs' Hugo Nicolaci were among the analysts on the call. Evolution shares trade on the ASX under the ticker EVN.
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