Analysts Offer Insights on Materials Companies: Evolution Mining (OtherCAHPF) and Ramelius Resources Limited (OtherRMLRF)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Evolution Mining (CAHPF) and Ramelius Resources Limited (RMLRF).
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Evolution Mining (CAHPF)
In a report issued on April 3, Ben Lyons from Jarden maintained a Sell rating on Evolution Mining, with a price target of A$8.50. The company’s shares closed last Monday at $9.09.
According to TipRanks.com, Lyons is a 4-star analyst with an average return of
Evolution Mining has an analyst consensus of Hold, with a price target consensus of $9.51.
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Ramelius Resources Limited (RMLRF)
In a report released today, Adam Baker from Macquarie maintained a Buy rating on Ramelius Resources Limited, with a price target of A$4.60. The company’s shares closed last Tuesday at $2.75.
According to TipRanks.com, Baker is a 4-star analyst with an average return of
Ramelius Resources Limited has an analyst consensus of Strong Buy, with a price target consensus of $3.79, representing a 46.5% upside. In a report issued on April 3, J.P. Morgan also maintained a Buy rating on the stock with a A$5.60 price target.
Read More on CAHPF:
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- Evolution Mining Seeks ASX Quotation for New Dividend Plan Shares
- Evolution Mining Reports Lapse of 1.37 Million Performance Rights
- Evolution Mining Issues New Unquoted Performance Rights Under Incentive Plan
- Evolution Mining Sets 15 April Release and Briefing for March Quarter Results
- Evolution Mining upgraded to Sector Perform from Underperform at RBC Capital
