Evolution Mining Limited (OTCMKTS:CAHPF) Given Average Recommendation of “Hold” by Analysts

Evolution Mining Limited (OTCMKTS:CAHPFGet Rating) has been given an average rating of “Hold” by the seven brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $3.76.

CAHPF has been the topic of several research reports. UBS Group upgraded Evolution Mining to a “hold” rating and set a $4.05 target price on the stock in a research note on Tuesday, May 24th. Canaccord Genuity Group upgraded Evolution Mining from a “hold” rating to a “buy” rating and cut their target price for the company from $2.80 to $2.70 in a research note on Wednesday, July 13th.

Evolution Mining Stock Performance

OTCMKTS CAHPF opened at $1.92 on Monday. The stock’s 50 day moving average price is $2.03 and its two-hundred day moving average price is $2.63. Evolution Mining has a 52 week low of $1.55 and a 52 week high of $3.44.

About Evolution Mining

(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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