In a report released today, Kate McCutcheon from Citi maintained a Hold rating on Evolution Mining , with a price target of A$10.50. The company’s shares closed yesterday at $7.37.
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According to TipRanks, McCutcheon is a 4-star analyst with an average return of 7.2% and a 59.91% success rate. McCutcheon covers the Basic Materials sector, focusing on stocks such as IGO, Greatland Resources, and Mineral Resources Limited.
In addition to Citi, Evolution Mining also received a Hold from Ord Minnett’s Paul Kaner in a report issued on October 13. However, on the same day, UBS maintained a Sell rating on Evolution Mining (Other OTC: CAHPF).
The company has a one-year high of $7.75 and a one-year low of $2.85. Currently, Evolution Mining has an average volume of 6,235.
Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CAHPF in relation to earlier this year.
Read More on CAHPF:
Disclaimer & DisclosureReport an Issue
- Evolution Mining Reports Record Cash Flow and Strategic Progress in September Quarter
- Evolution Mining Announces Cessation of Performance Rights
- Evolution Mining Issues New Performance Rights to Employees
- Evolution Mining to Release September Quarter Results with Conference Call
- Evolution Mining price target raised to A$10.50 from A$8.50 at JPMorgan
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