Evolution Mining Limited (OTCMKTS:RMGGF) shares traded down 0.8% during mid-day trading on Tuesday . The company traded as low as $1.15 and last traded at $1.17, 3,800 shares traded hands during mid-day trading. A decline of 25% from the average session volume of 5,072 shares. The stock had previously closed at $1.18.
A number of equities analysts have issued reports on the company. Berenberg Bank reiterated a “buy” rating and issued a $114.00 price objective on shares of Evolution Mining in a report on Tuesday, July 30th. Goldman Sachs Group upgraded Evolution Mining from a “neutral” rating to a “buy” rating in a report on Wednesday, July 10th.
About Evolution Mining (OTCMKTS:RMGGF)
Resolute Mining Limited engages in the mining, exploration, development, and production of gold properties in Africa and Australia. The company's flagship project is the Syama Gold Mine located in Mali, West Africa. It is also involved in the prospecting and exploration of minerals. The company was incorporated in 2001 and is based in Perth, Australia.
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