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Gold is one of WA's most significant exports.

Evolution confirms offers for WA gold mine

Gold miner Evolution has confirmed the receipt of several offers for its Edna May gold mine in Western Australia, and is determining whether a sale will be in the best interest of shareholders.

"Evolution plans to progress these offers and will update the market if any binding agreement to sell the asset is entered into," the company said in a statement to the ASX on Tuesday.

"The Edna May gold mine achieved an earnings before interest, tax, depreciation and amortisation margin of 18 per cent in the 2017 financial year and produced 70,188 ounces, representing approximately 8 per cent of Evolution’s total gold production in (the year).

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Total Shareholder Return as at 30/06/16

1 year TSR5 year TSR
74thEvolution Mining105%15%
717 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

15/08/14
$50k Bought
05/03/12
$70k Bought
07/11/11
$17k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

54th↑Evolution Mining$666.3m
76 listed non wa companies ranked by revenue.
Source: Morningstar

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