Canaccord upgraded Evolution Mining stock to Buy at AUD 13.85
Published on 10/24/2026 at 18:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst upgrade and trading figures
- Canaccord Genuity upgraded Evolution Mining to Buy and set an AUD 13.85 target on October 15, 2026.
- Evolution Mining's 52-week range spans AUD 9.79 to AUD 17.75.
- Evolution Mining stock was AUD 11.31 on October 23, 2026, down 4.48 percent versus AUD 11.84.
- The next annual meeting is scheduled for November 26, 2026.
Canaccord Genuity upgraded Evolution Mining to Buy and set an AUD 13.85 price target on October 15, 2026, as MarketScreener reported. The target lies 22.46 percent above Evolution Mining's ASX price. Evolution Mining was AUD 11.31 on October 23, 2026 at 4:10 p.m. AEDT, down 4.48 percent from AUD 11.84.
Target leaves room above the quote
The Canaccord target sits above the AUD 13.55 average target listed for 17 analysts by MarketScreener. That average target is 19.81 percent above the October 23 ASX price, giving investors two dated reference points rather than a single estimate.
Where the stock sits in its range
Evolution Mining's 52-week ASX range was AUD 9.79 to AUD 17.75 on October 23, 2026. The last quoted price of AUD 11.31 stood 15.53 percent above the low and 36.28 percent below the high. Trading volume reached 11,234,342 shares, while the market capitalization was AUD 23.1 billion.
Valuation and upcoming dates
The price-to-earnings ratio was 15.49 on October 23, 2026. Evolution Mining's investor calendar lists the 2026 annual meeting for November 26, 2026 and the December quarter results for January 20, 2027, according to the company's investor center.
Comparison with peers
Evolution Mining (ASX, AUD): down 4.48 percent, price-to-earnings ratio 15.49, market capitalization AUD 23.1 billion.
Northern Star Resources (ASX, AUD): down 2.54 percent, price-to-earnings ratio 20.83, market capitalization AUD 34.4 billion.
Newmont (NYSE, USD): down 4.59 percent, price-to-earnings ratio 12.63, market capitalization USD 113.1 billion.
Trading position remains central
The analyst upgrade places a dated AUD 13.85 target above the latest ASX quotation, while the stock remains nearer its 52-week low than its high. The next scheduled corporate date is November 26, 2026.
The last quoted price was AUD 11.31 on the ASX on October 23, 2026 at 4:10 p.m. AEDT, down 4.48 percent from AUD 11.84.
Evolution Mining at a glance
- Company: Evolution Mining Limited
- ISIN: AU000000EVN4
- Ticker: EVN
- Primary exchange: ASX
- Price on ASX as of October 23, 2026 at 4:10 p.m. AEDT: AUD 11.31
- Change versus prior close: minus 4.48 percent
- Market capitalization: AUD 23.1 billion (as of October 23, 2026)
- 52-week range: AUD 9.79 to AUD 17.75 (as of October 23, 2026)
- Sector / Industry: Basic Materials / Gold
- Next earnings date: January 20, 2027
Market context: Market report S&P ASX 200.
