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Evolution Mining (CAHPF) was upgraded to a Hold Rating at UBS

Tipranks - Tipranks - Fri Mar 27, 9:52PM CDT

In a report released today, Levi Spry from UBS upgraded Evolution Mining to a Hold, with a price target of A$12.50.

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According to TipRanks, Spry is a 5-star analyst with an average return of 14.6% and a 65.85% success rate. Spry covers the Basic Materials sector, focusing on stocks such as Evolution Mining , Perseus Mining , and Northern Star Resources Ltd.

In addition to UBS, Evolution Mining also received a Hold from RBC Capital’s Kaan Peker in a report issued on March 12. However, yesterday, TipRanks – Google reiterated a Buy rating on Evolution Mining (Other OTC: CAHPF).

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CAHPF market cap is currently A$26.2B and has a P/E ratio of 8.35.

Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CAHPF in relation to earlier this year.

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