J.P. Morgan keeps AUD 15.80 target for Evolution Mining stock
Published on 10/17/2026 at 22:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and valuation
- J.P. Morgan maintained a Buy rating and an AUD 15.80 target on October 16, 2026.
- Evolution Mining's annual meeting is scheduled for November 26, 2026.
- Evolution Mining stock last traded at AUD 12.60 on October 16, 2026 at 4:10 p.m. AEDT, 3.03 percent above the prior close of AUD 12.23.
- Evolution Mining had a price-to-earnings ratio of 17.26 and a market capitalization of AUD 25.8 billion.
J.P. Morgan maintained a Buy rating on Evolution Mining and set an AUD 15.80 price target in a report dated October 16, 2026, according to Markets Insider. The target stands 25.40 percent above the ASX price of AUD 12.60 in the same currency.
Annual meeting set for November
Evolution Mining's next annual meeting is scheduled for November 26, 2026. The date appears in the company's investor calendar, which also lists December quarter results for January 20, 2027.
Price gains within yearly range
Evolution Mining last traded at AUD 12.60 on the ASX on October 16, 2026 at 4:10 p.m. AEDT, up 3.03 percent from the prior close of AUD 12.23. The finance quote showed a 52-week range of AUD 9.79 to AUD 17.75, placing the price 29.01 percent below the high and 28.70 percent above the low. Average volume was 9.66 million shares, while the session volume reached 8.89 million.
The company's most recent investor calendar lists the September 2026 quarterly report on October 14, 2026. The investor center identifies Evolution Mining as an ASX-listed gold producer with copper exposure and lists gold output, project development and capital returns among its key operating themes.
Valuation and peer comparison
Evolution Mining had a market capitalization of AUD 25.8 billion, a price-to-earnings ratio of 17.26 and a dividend yield of 0.03 percent as of October 16, 2026. The next scheduled corporate date is the annual meeting on November 26, 2026.
Comparison with peers
Evolution Mining: plus 3.03 percent, price-to-earnings ratio 17.26, market capitalization AUD 25.8 billion.
Northern Star Resources (ASX, AUD): plus 3.25 percent, market capitalization AUD 35.8 billion.
Regis Resources (ASX, AUD): plus 3.65 percent, price-to-earnings ratio 7.55, market capitalization AUD 5.4 billion.
What the target means for valuation
J.P. Morgan's AUD 15.80 target sits 25.40 percent above the latest ASX price, while Evolution Mining's price-to-earnings ratio of 17.26 is higher than Regis Resources' 7.55. That gap gives the analyst target more weight as a valuation reference than the daily move alone.
Market position and next date
Evolution Mining's latest price remains inside its AUD 9.79 to AUD 17.75 yearly range, with the October 16, 2026 session adding AUD 0.37. The November 26, 2026 annual meeting is the next dated corporate event in the investor calendar.
Evolution Mining was last at AUD 12.60 on the ASX on October 16, 2026 at 4:10 p.m. AEDT, 3.03 percent above the prior close of AUD 12.23.
Evolution Mining market facts
- Company: Evolution Mining Limited
- ISIN: AU000000EVN4
- Ticker: EVN
- Primary exchange: ASX
- Price ASX (as of October 16, 2026, 4:10 p.m. AEDT): AUD 12.60
- Change versus prior close: plus 3.03 percent
- Prior close: AUD 12.23
- Market capitalization: AUD 25.8 billion (as of October 16, 2026)
- 52-week range: AUD 9.79-AUD 17.75 (as of October 16, 2026)
- Sector / Industry: Materials / Gold
- Next annual meeting: November 26, 2026
Market context: Market report S&P/ASX 200.
