Sunday, 14 April 2024

Business News

Jarden Sticks to Their Sell Rating for Evolution Mining Limited (CAHPF) – TipRanks Financial Blog

Macquarie Sticks to Its Buy Rating for IGO (IPGDF) – TipRanks Financial Blog

In a report released yesterday, Jon Bishop from Jarden maintained a Sell rating on Evolution Mining Limited (CAHPFResearch Report), with a price target of A$3.12. The company’s shares closed yesterday at $2.38.

Bishop covers the Basic Materials sector, focusing on stocks such as Evolution Mining Limited, Core Lithium Ltd, and IGO. According to TipRanks, Bishop has an average return of 7.3% and a 56.76% success rate on recommended stocks.

Currently, the analyst consensus on Evolution Mining Limited is a Moderate Buy with an average price target of $2.39.

CAHPF market cap is currently $4.9B and has a P/E ratio of 40.91.

Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CAHPF in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Evolution Mining Limited (CAHPF) Company Description:

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.

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