Macquarie upgrades Evolution Mining (CAHPF) to a Hold
In a report released today, Adam Baker from Macquarie upgraded Evolution Mining to a Hold, with a price target of A$12.70.
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Baker covers the Basic Materials sector, focusing on stocks such as Nickel Mines Ltd., Perseus Mining , and Greatland Resources. According to TipRanks, Baker has an average return of 9.4% and a 55.21% success rate on recommended stocks.
In addition to Macquarie, Evolution Mining also received a Hold from UBS’s Levi Spry in a report issued on March 27. However, on March 28, TipRanks – OpenAI reiterated a Buy rating on Evolution Mining (Other OTC: CAHPF).
CAHPF market cap is currently A$25.3B 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.
Read More on CAHPF:
Disclaimer & DisclosureReport an Issue
- Evolution Mining Sets 15 April Release and Briefing for March Quarter Results
- Evolution Mining upgraded to Sector Perform from Underperform at RBC Capital
- Evolution Mining Sets DRP Price and Confirms Interim Dividend Payout
- Evolution Mining Confirms DRP Price for December 2025 Half‑Year Dividend
- Evolution Mining Director Andrea Hall Sells Small Parcel of Shares
