Morgans Remains a Hold on Evolution Mining Limited (CAHPF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 15 2025
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Source: Business Insider
Analyst Ratings: Morgans analyst Annabelle Sleeman maintained a Hold rating on Evolution Mining Limited with a price target of A$8.00, while Bell Potter also issued a Hold rating and Macquarie downgraded the stock to Sell.
Financial Performance: Evolution Mining reported a quarterly revenue of $2.03 billion and a net profit of $365.09 million for the quarter ending December 31, showing significant growth compared to last year's revenue of $1.34 billion and net profit of $96.87 million.
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.
