Evolution Mining Limited (OTCMKTS:CAHPF – Get Free Report) shares rose 1.9% on Tuesday. The company traded as high as $8.1750 and last traded at $8.1750. 117 shares traded hands during trading, a decline of 99% from the average session volume of 9,323 shares. The stock had previously closed at $8.02.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group set a $12.25 price target on shares of Evolution Mining in a research note on Wednesday, July 15th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $12.47.
Get Our Latest Research Report on CAHPF
Evolution Mining Stock Performance
The company has a 50 day moving average price of $9.44 and a 200 day moving average price of $9.32.
About Evolution Mining
Evolution Mining Limited is an Australian-based gold mining company that explores for, develops and operates gold and gold-copper mines. The company produces gold doré and concentrates, with its activities spanning mine development, extraction, processing and related exploration.
Evolution Mining’s principal operations are located in Australia and Canada. Its Australian assets include the Cowal mine in New South Wales, the Ernest Henry and Northparkes operations in Queensland and New South Wales, respectively, and the Mungari operation in Western Australia.
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