Evolution Mining Limited (OTCMKTS:CAHPF) Stock Short Interest Report for September

Evolution Mining Limited (OTCMKTS:CAHPF) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 1,675,726 shares, a growth of 149.3% from the September 15th total of 672,075 shares. Based on an average daily trading volume, of 1,480 shares, the short-interest ratio is presently 1,132.2 days.

Evolution Mining Price Performance

Evolution Mining stock opened at $8.76 on Thursday. Evolution Mining has a 12 month low of $6.40 and a 12 month high of $12.70. The stock has a fifty day simple moving average of $9.92 and a two-hundred day simple moving average of $9.13.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group set a $12.25 price target on Evolution Mining in a research note on Wednesday, July 15th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Evolution Mining has an average rating of “Reduce” and a consensus target price of $12.47.

Evolution Mining Company Profile

Evolution Mining Limited is an Australian gold and copper mining company with operations in Australia and Canada. The company explores for, develops and produces gold, with copper produced as a by-product at some of its operations. Its portfolio includes open-pit and underground mines, processing facilities and exploration assets.

Evolution’s Australian operations include the Cowal mine in New South Wales, the Ernest Henry mine in Queensland, the Northparkes mine in New South Wales and the Mungari complex in Western Australia.