Evolution Mining Limited (OTCMKTS:CAHPF) Receives Average Rating of “Hold” from Analysts

Evolution Mining Limited (OTCMKTS:CAHPFGet Rating) has received a consensus recommendation of “Hold” from the nine ratings firms that are covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $4.30.

A number of research analysts have issued reports on CAHPF shares. JPMorgan Chase & Co. cut shares of Evolution Mining from an “overweight” rating to a “neutral” rating in a report on Tuesday, April 5th. Canaccord Genuity Group cut shares of Evolution Mining from a “buy” rating to a “hold” rating and increased their target price for the company from $4.40 to $4.65 in a report on Thursday, April 14th. Finally, UBS Group cut shares of Evolution Mining to a “sell” rating and set a $4.23 price objective for the company. in a research note on Monday, March 28th.

Shares of Evolution Mining stock opened at $3.00 on Friday. Evolution Mining has a 12-month low of $2.40 and a 12-month high of $4.25. The company has a 50-day moving average of $3.21 and a two-hundred day moving average of $2.95.

Evolution Mining Company Profile (Get Rating)

Evolution Mining Limited engages in the exploration, mine development, mine operations, and sale of gold and gold/copper concentrates in Australia and Canada. The company also explores for copper and silver deposits. As of June 30, 2021, it operated five gold mines, such as Cowal in New South Wales; Mt Carlton and Mt Rawdon in Queensland; Mungari in Western Australia; and Red Lake in Ontario.

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Analyst Recommendations for Evolution Mining (OTCMKTS:CAHPF)

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