J.P. Morgan analyst Al Harvey maintained a Hold rating on Evolution Mining Limited (CAHPF – Research Report) on October 12 and set a price target of A$2.20. The company’s shares closed last Friday at $1.21.
According to TipRanks, Harvey is a 3-star analyst with an average return of 1.5% and a 53.57% success rate. Harvey covers the Basic Materials sector, focusing on stocks such as Evolution Mining Limited, Pilbara Minerals Limited, and Northern Star Resources Ltd.
Currently, the analyst consensus on Evolution Mining Limited is a Moderate Buy with an average price target of $1.76.
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CAHPF market cap is currently $2.21B and has a P/E ratio of 9.47.
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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, Pajingo, Exploration, and Corporate. The company was founded on June 21, 2000 and is headquartered in Sydney, Australia.
