Analysts Set Evolution Mining Limited (OTCMKTS:CAHPF) Price Target at $4.15

Evolution Mining Limited (OTCMKTS:CAHPF) has been given a consensus rating of “Hold” by the six brokerages that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating and three have given a hold rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $4.10.

A number of research analysts recently commented on CAHPF shares. The Goldman Sachs Group cut Evolution Mining from a “neutral” rating to a “sell” rating in a research note on Thursday, July 22nd. Canaccord Genuity cut Evolution Mining from a “hold” rating to a “sell” rating and set a $4.00 target price on the stock. in a research note on Monday, July 19th. Credit Suisse Group lowered shares of Evolution Mining to a “hold” rating and set a $4.30 price target for the company. in a research report on Friday, August 20th. Macquarie upgraded shares of Evolution Mining from an “underperform” rating to a “neutral” rating and set a $4.00 price target for the company in a research report on Friday, September 10th. Finally, Morgan Stanley lowered shares of Evolution Mining from an “equal weight” rating to an “underweight” rating in a research report on Monday, June 28th.

CAHPF traded down $0.11 during trading on Friday, reaching $2.81. The stock had a trading volume of 1,500 shares, compared to its average volume of 13,198. Evolution Mining has a one year low of $2.80 and a one year high of $4.64. The business has a 50-day moving average of $3.05 and a 200-day moving average of $3.40.

Evolution Mining Company Profile

Evolution Mining Ltd. engages in the exploration of gold mines. It operates through the following segments: Cowal, Mungari, Mt Carlton, Mt Rawdon, Edna May, Cracow, Ernest Henry, Exploration, and Corporate. The company was founded on June 21, 2000 and is headquartered in Sydney, Australia.

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Analyst Recommendations for Evolution Mining (OTCMKTS:CAHPF)

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