Bell Potter downgrades Evolution Mining Limited (CAHPF) to a Hold
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 15 2025
0mins
Source: Business Insider
Analyst Ratings: Evolution Mining Limited received a Hold rating and an A$8.10 price target from Bell Potter, while Morgans also issued a Hold rating, and Macquarie downgraded the stock to Sell.
Financial Performance: The company reported a significant increase in quarterly revenue to $2.03 billion and a net profit of $365.09 million for the quarter ending December 31, compared to $1.34 billion in revenue and $96.87 million in profit the previous year.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
