BMO Capital Sticks to Its Hold Rating for Evolution Mining (CAHPF)
In a report released on April 17, from BMO Capital maintained a Hold rating on Evolution Mining , with a price target of A$16.00. The company’s shares closed today at A$13.58.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Evolution Mining has an analyst consensus of Hold, with a price target consensus of A$14.12, representing a 3.96% upside. In a report released on April 16, Macquarie also maintained a Hold rating on the stock with a A$14.00 price target.
Based on Evolution Mining ‘s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$2.79 billion and a net profit of A$766.57 million. In comparison, last year the company earned a revenue of A$2.03 billion and had a net profit of A$365.09 million
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 upgraded to Buy from Hold at Canaccord
- 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
