Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Evolution Mining's shares outstanding for the quarter that ended in Dec. 2025 was 2,031 Mil.
Evolution Mining's quarterly shares outstanding
increased
from Jun. 2025 (2,002 Mil) to Dec. 2025 (2,031 Mil).
It means Evolution Miningissued new shares from Jun. 2025 to Dec. 2025 .
Evolution Mining's annual shares outstanding
increased
from Jun. 2024 (1,986 Mil) to Jun. 2025 (2,002 Mil).
It means Evolution Miningissued new shares from Jun. 2024 to Jun. 2025 .
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Evolution Mining Shares Outstanding (EOP) Related Terms
Evolution Mining Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Evolution Mining's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ASX:EVN vs NEM, AU: Shares Outstanding (EOP) Comparison
For the Gold subindustry, Evolution Mining's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Evolution Mining Shares Outstanding (EOP) vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Evolution Mining's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Evolution Mining's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 2,031 Mil mean?
Evolution Mining (ASX:EVN) has a Shares Outstanding (EOP) of 2,031 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Evolution Mining and its competitors.
Is Evolution Mining's Shares Outstanding (EOP) too high?
Evolution Mining's current Shares Outstanding (EOP) is 2,031 Mil. Overall, Evolution Mining has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evolution Mining's Shares Outstanding (EOP) compare to NEM and AU?
Evolution Mining's Shares Outstanding (EOP) of 2,031 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Metals & Mining company?
A good Shares Outstanding (EOP) depends on the Metals & Mining industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Evolution Mining and its competitors. Evolution Mining's current Shares Outstanding (EOP) is 2,031 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution Mining stock overvalued right now?
Based on GuruFocus' analysis, Evolution Mining (ASX:EVN) is currently considered Significantly Overvalued. The stock's GF Value™ is A$8.32, compared to a current price of A$12.39 — trading 48.9% above its estimated fair value. The current Shares Outstanding (EOP) is 2,031 Mil. Evolution Mining's overall GF Score™ is 93/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Evolution Mining (ASX:EVN), the current Shares Outstanding (EOP) is 2,031 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Evolution Mining (ASX:EVN) Overvalued in 2026?
Based on GuruFocus' analysis, Evolution Mining stock appears to be overvalued.
The current stock price of A$12.39 is trading 48.9% above its estimated GF Value™ of A$8.32.
GuruFocus considers Evolution Mining to be Significantly Overvalued.
Key valuation signals for ASX:EVN:
Shares Outstanding (EOP): 2,031 Mil
GF Value™: A$8.32 vs. price of A$12.39 (48.9% above fair value)
No single metric tells the full story. See the ASX:EVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evolution Mining is an Australia-based gold miner. It sold around 750,000 ounces of gold in fiscal 2025 from six wholly or majority owned mines in Australia and Canada. Formed in 2011 via the merger of Conquest Mining and Catalpa Resources and the purchase of Newcrest Mining's Mt Rawdon and Cracow mines, Evolution has acquired more mines and sold the generally less attractive, higher-cost mines. Cowal and Mungari were purchased in 2015, with an initial interest in Glencore's Ernest Henry mine following in 2016, Red Lake in Canada in 2020, the rest of Ernest Henry in 2022 and an 80% stake in the Northparkes copper and gold mine in December 2023. It had roughly 15 years of gold reserves and two decades of copper reserves at the end of December 2024.
93GF Score
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