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Evolution Energy Minerals Limited (EV1) AI Stock Analysis
Evolution Energy Minerals Limited
(ASX:EV1)
The overall score of 45 reflects the speculative nature of this pre-revenue industrial materials company. The most significant pressures on the score are its lack of top-line revenue, negative cash flows, and weak valuation metrics typical of early-stage exploration. However, the company's pristine, debt-free balance sheet provides critical financial stability and limits downside risk as it advances its projects toward commercialization.
Evolution Energy Minerals Limited (EV1) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 3.12M
- Dividend Yield
- ―
- Average Volume (3M)
- 761.96K
- Price to Earnings (P/E)
- -2.6
- Beta (1Y)
- 1.44
- Revenue Growth
- ―
- EPS Growth
- 70.75%
- Country
- Australia
- Employees
- 5
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
Evolution Energy Minerals Limited Business Overview & Revenue Model
Company Description
Established in 2021 with its headquarters in West Perth, Australia, Evolution Energy Minerals Limited focuses on the sourcing, evaluation, and advancement of mineral resources. The company's primary holding is the Chilalo graphite project, located in...
How the Company Makes Money
Evolution Energy Minerals’ business model is primarily to create value by advancing its graphite project(s) through exploration, studies, permitting and development, with the goal of generating future revenue from the sale of graphite products to cus...
Evolution Energy Minerals Limited Financial Statement Overview
Summary
Evolution Energy Minerals is in a pre-revenue development phase, characterized by ongoing cash burn and negative operating margins. However, these risks are heavily mitigated by a pristine, debt-free balance sheet and a positive multi-year trajectory of narrowing net losses.
Income Statement
25NegativeBalance Sheet
75PositiveCash Flow
35Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | -46.20K | -44.52K | -17.95K | -12.12K | -4,191 |
| EBITDA | -2.46M | -2.44M | -5.70M | -10.56M | -13.54M | -7.87M |
| Net Income | -1.92M | -1.92M | -4.73M | -11.06M | -13.89M | -8.86M |
Balance Sheet | ||||||
| Total Assets | 8.43M | 8.43M | 5.88M | 8.78M | 10.18M | 10.82M |
| Cash, Cash Equivalents and Short-Term Investments | 2.86M | 2.86M | 81.89K | 3.07M | 4.44M | 5.37M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 253.25K | 253.25K | 787.71K | 615.85K | 1.09M | 461.30K |
| Stockholders Equity | 8.22M | 8.22M | 4.98M | 7.68M | 9.09M | 10.36M |
Cash Flow | ||||||
| Free Cash Flow | -2.55M | -2.55M | -5.16M | -10.67M | -13.43M | -5.61M |
| Operating Cash Flow | -2.54M | -2.54M | -5.08M | -10.60M | -13.40M | -5.56M |
| Investing Cash Flow | -4,496 | -4,496 | -85.21K | -65.24K | -29.27K | -45.02K |
| Financing Cash Flow | 5.33M | 5.33M | 2.17M | 9.35M | 12.32M | 11.18M |
Evolution Energy Minerals Limited Peers Comparison
Overall Rating
- AU:EV145Neutral
AU:HRE44Neutral
AU:NMT43Neutral
AU:REE42Neutral
AU:CMG40Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:EV1 | 45Neutral | AUD 6.53M | -2.58 | -27.88% | ― | ― | 70.75% |
| AU:HRE | 44Neutral | AUD 8.41M | -3.85 | -232.72% | ― | ― | 66.06% |
| AU:NMT | 43Neutral | AUD 23.65M | -2.97 | -43.52% | ― | ― | 76.51% |
| AU:REE | 42Neutral | AUD 10.95M | -2.37 | -83.24% | ― | ― | -9.30% |
| AU:CMG | 40Underperform | AUD 8.40M | -1.61 | -85.01% | ― | ― | -9.35% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:EV1 | Evolution Energy Minerals Limited | 0.01 | -0.00 | -9.09% | |
| AU:NMT | Neometals Ltd. | 0.03 | -0.03 | -55.00% | |
| AU:REE | RareX Limited | 0.01 | -0.03 | -73.68% | |
| AU:HRE | Heavy Rare Earths Limited | 0.03 | -0.01 | -21.05% | |
| AU:CMG | Critical Minerals Group Ltd. | 0.06 | -0.11 | -63.53% | |
| AU:AXL | Axel REE Ltd. | 0.06 | -0.03 | -30.68% |
Evolution Energy Minerals Limited Corporate Events
Evolution Energy Minerals Files 2026 Corporate Governance Statement with ASX
Evolution Energy Minerals Limited has lodged its annual corporate governance statement for the year ended 30 June 2026, confirming compliance with ASX Listing Rules on governance disclosure. The statement, current as of 30 September 2026, details how...
Evolution Energy Minerals Strengthens Transparency With Formal Governance Framework
Evolution Energy Minerals Limited, an Australian-listed company in the energy and resources sector, has established a comprehensive corporate governance framework aligned with the Corporations Act and ASX Listing Rules. The company discloses its gove...
Evolution Energy Minerals Tightens Securities Trading Governance
Evolution Energy Minerals has updated its Securities Trading Policy, formally approved on 13 September 2026 and released in line with ASX Listing Rule 12.10. The policy document is now available via the company’s website, reinforcing transparen...
Evolution Energy Minerals Starts Maiden Drilling at Chikundo Copper Project
Evolution Energy Minerals has commenced a maiden reverse circulation drilling campaign at its Chikundo Copper Project in Tanzania, moving the asset from target definition into direct subsurface testing. The programme concentrates on the Chikundo Pros...
Evolution Energy Minerals Positions Chilalo Graphite for Fuel-Cell Markets
Evolution Energy Minerals has highlighted the potential of coarse flake graphite from its Chilalo deposit in Tanzania for high-value fuel-cell applications. The company’s focus on supplying concentrate-grade natural graphite aligns with growing...
Chilalo coarse-flake graphite targets high-value fuel-cell markets
Evolution Energy Minerals reported that test work on coarse-flake graphite from its Chilalo deposit shows strong suitability for high-value fuel-cell applications, particularly in graphite separator plates. With 58% of its resource in coarse flakes a...
Tanzania Lifts Default on Evolution Energy’s Chilalo Graphite Licence
Tanzania’s Mining Commission has formally lifted the default notice on Mining Licence ML 716/2023, which underpins Evolution Energy Minerals’ Chilalo Graphite Project, restoring full regulatory standing to the asset. The licence, held by...
Evolution Energy Minerals Wins Tanzanian Approval for Chikundo Copper Drilling
Evolution Energy Minerals has secured approval from Tanzania’s Mining Commission for its Expression of Interest to conduct a maiden reverse circulation drilling program at the Chikundo Copper Project in southern Tanzania. The approval allows th...
Evolution Energy Minerals Posts Quarterly Cash Outflow But Maintains Solid Cash Balance
Evolution Energy Minerals reported a net operating cash outflow of A$0.63 million for the quarter ended 30 June 2026, driven by exploration and evaluation spending, staff costs and corporate overheads, partially offset by government grants and modest...
Evolution Energy Minerals advances Tanzanian copper and graphite projects in June quarter
Evolution Energy Minerals used the June 2026 quarter to push ahead on its two key Tanzanian assets, the Chikundo Copper Project and the Chilalo Graphite Project. The company closed the period with A$2.86 million in cash, leaving it fully funded for i...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 02, 2026