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New Sell Rating for Evolution Mining (CAHPF), the Basic Materials Giant

Tipranks - Tipranks - Sat Feb 14, 7:14AM CST

In a report released yesterday, Adam Baker from Macquarie maintained a Sell rating on Evolution Mining , with a price target of A$11.20. The company’s shares closed yesterday at A$16.03.

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Baker covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Bellevue Gold Limited, and Capricorn Metals Ltd. According to TipRanks, Baker has an average return of 12.0% and a 55.67% success rate on recommended stocks.

Evolution Mining has an analyst consensus of Moderate Sell, with a price target consensus of A$12.56, implying a -21.66% downside from current levels. In a report released on February 11, RBC Capital also maintained a Sell rating on the stock with a A$9.90 price target.

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CAHPF market cap is currently A$33.06B and has a P/E ratio of 24.63.

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