Evolution Mining Ltd (ASX: EVN) shares are racing higher today.
Shares in the S&P/ASX 200 Index (ASX: XJO) gold stock closed yesterday trading for $7.69. As we head into the Wednesday lunch hour, shares are changing hands for $7.98 apiece, up 3.8%.
For some context, the ASX 200 is down 0.6% at this same time.
Today's outperformance is nothing new for Evolution Mining shares. They're now up a blistering 101.8% over the past 12 months, smashing the 12.9% one-year gains posted by the benchmark index.
And that's not including Evolution Mining's growing dividend payouts.
Here's what's stoking ASX investor interest in the Aussie gold miner today.
Image source: Getty Images
Evolution Mining shares surge on record FY 2025 results
Investors are bidding up Evolution Mining shares today following the release of record-setting full-year FY 2025 results.
The ASX 200 gold stock reported a record net statutory profit of $926 million, up 119% from FY 2024. Underlying net profit of $958 million was up 99%.
Underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) for the full year also notched a new record, surging 46% to $2.21 billion.
The strong results saw management declare a record final fully franked dividend of 13 cents per share, up 160% from last year's final dividend. Together with the 7 cents per share interim dividend, paid out on 4 April, this sees Evolution Mining shares trading on a fully franked dividend yield (part trailing, part pending) of 2.5%.
If you'd like to bank that final dividend, you'll need to own shares at market close on 2 September. Evolution Mining trades ex-dividend on 3 September. You can then expect to receive that passive income payout on 3 October.
What did management say?
Commenting on the results helping lift Evolution Mining shares again today, CEO Lawrie Conway said: "The record financial performance in FY25 was achieved through safely delivering to plan across all of our operations."
Conway added:
Our cost and production performance in the year saw our balance sheet continue to strengthen, with gearing levels falling while successfully delivering several major capital projects. We have also been able to increase returns to shareholders with a record final dividend of 13 cents per share.
What's next for Evolution Mining shares?
Looking to what could impact Evolution Mining shares in the year ahead, the company said it expects high margin, high cash flow generation to continue in FY 2026.
The miner reiterated FY 2026 guidance of 710,000 to 780,000 ounces of gold and 70,000 to 80,000 tonnes of copper at an all-in sustaining cost (AISC) of $1,720 to $1,880 per ounce (US$1,118 to US$1,222 per ounce).
Conway noted:
Evolution remains focused on continuing to generate high cash margins in FY26 through our operational and capital management discipline to ensure the benefit of a strong commodity price environment flows through to our shareholders.
