Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

J.P. Morgan Remains a Buy on Evolution Mining (CAHPF)

Tipranks - Sun Apr 5, 7:30AM CDT

In a report released yesterday, Jonathan Sharp from J.P. Morgan maintained a Buy rating on Evolution Mining , with a price target of A$15.00.

Easter Sale - 70% Off TipRanks

According to TipRanks, Sharp is a 5-star analyst with an average return of 52.0% and a 50.00% success rate. Sharp covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Evolution Mining , and Genesis Minerals Limited.

In addition to J.P. Morgan, Evolution Mining also received a Buy from TipRanks – Google’s Google Gold in a report issued yesterday. However, on March 30, Macquarie upgraded Evolution Mining (Other OTC: CAHPF) to a Hold.

CAHPF market cap is currently A$26.44B 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.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.