Evolution Mining (CAHPF) to Announce Quarterly Earnings on Tuesday

Evolution Mining (OTCMKTS:CAHPF) is anticipated to issue its results before the market opens on Tuesday, August 18th. Analysts expect Evolution Mining to post earnings of $0.2720 per share and revenue of $1.9013 billion for the quarter.

Evolution Mining Stock Up 1.8%

Shares of CAHPF stock opened at $9.75 on Tuesday. Evolution Mining has a 12-month low of $4.73 and a 12-month high of $12.70. The business’s fifty day simple moving average is $8.28 and its 200-day simple moving average is $9.24.

Wall Street Analyst Weigh In

CAHPF has been the topic of several recent analyst reports. Canaccord Genuity Group set a $12.25 target price on Evolution Mining in a research report on Wednesday, July 15th. The Goldman Sachs Group raised Evolution Mining from a “neutral” rating to a “neutral” rating and set a $12.70 price target for the company in a report on Wednesday, June 3rd. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $12.47.

Evolution Mining Company Profile

Evolution Mining is an Australia-based gold and copper producer with its corporate headquarters in Sydney. Listed on the Australian Securities Exchange and trading in the United States on the OTC market as CAHPF, the company focuses on the discovery, development, extraction and processing of mineral resources. Evolution’s integrated operations encompass all stages of the mining value chain, from exploration and project acquisition to production, processing and marketing of precious metals and copper concentrates.

The company’s asset portfolio spans multiple jurisdictions across Australia and North America.