Added to YB: 2026-05-14
Pitch date: 2026-05-12
EVG.AX [bullish]
Evion Group NL
Author Info
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Company Info
Evion Group NL operates as an integrated graphite developer in Madagascar, India, and Europe. The company’s flagship project consists of Maniry graphite project located in Southern Madagascar.
Market Cap
AUD 21.5M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
-10.31
P/E
-8.10
EV/Sales
128.75
Sector
Metals and Mining
Category
growth
Our New Portfolio Pick in the Pentagon's Line of Sight - Evion Group
EVG.AX (new position): Only ASX dual-play in fluorspar & graphite, both US/EU critical minerals. Secured 100% option on Nevada Carp fluorspar project (historic 69% CaF₂ grade, recent samples up to 88%), comparable to Lost Sheep which landed US$169M Pentagon contract. Madagascar Maniry graphite project (US$263M NPV, 60ktpa over 21yrs) weeks from mining permit; EU Strategic Project status unlocks grants. India JV shipped A$1.5M expandable graphite to US (IRA-compliant), ramping to A$18-20M annual sales. Trades $25M mcap, $8M cash, fully funded.
Read full article (10 min)