Evolution Mining (CAHPF) Stock Price, News & Analysis

Company Overview

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. The company also operates the Red Lake mining complex in Ontario, Canada. These assets produce gold doré and gold concentrate, as well as copper-gold concentrate from Ernest Henry.

Founded in 2011, Evolution Mining expanded through acquisitions and the consolidation of established Australian gold assets. The company’s growth strategy has focused on operating long-life mines, improving production and extending mineral resources through exploration and mine development.

Evolution Mining is led by Executive Chairman Jake Klein and Managing Director and Chief Executive Officer Lawrie Conway. Its shares trade on the Australian Securities Exchange under the symbol EVN, and the company’s securities also trade over the counter in the United States under the symbol CAHPF.

Key Stats

• Today's Range: $9.00 to $9.41
• 50-Day Range: $8.94 to $11.45
• 52-Week Range: $6.40 to $12.70
• Volume: 3,392 shs
• Average Volume: 9,094 shs
• Market Capitalization: N/A
• P/E Ratio: 131.81
• Dividend Yield: 0.22%
• Price Target: $12.48
• Consensus Rating: Reduce

Evolution Mining Stock Analysis - MarketRank™

Evolution Mining scored higher than 24% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.8 / 5
• Analyst Rating: Reduce

Consensus Rating

Evolution Mining has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no strong buy ratings, no buy ratings, 2 hold ratings, and 1 sell rating.

Upside Potential

Evolution Mining has a consensus price target of $12.48, representing about 38.6% upside from its current price of $9.00.

Amount of Analyst Coverage

Evolution Mining has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Evolution Mining is 131.81, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 35.91.

Price to Earnings Ratio vs. Sector

The P/E ratio of Evolution Mining is 131.81, which means that it is trading at a more expensive P/E ratio than the Materials sector average P/E ratio of about 22.06.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Evolution Mining has a short interest ratio ("days to cover") of 999.99, which indicates bearish sentiment.

Change versus previous month

Short interest in Evolution Mining has recently increased by 149.34%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Evolution Mining pays a meaningful dividend of 2.50%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Evolution Mining does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Evolution Mining is 29.28%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.18

News Sentiment

Evolution Mining has a news sentiment score of 0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Materials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Evolution Mining this week, compared to 2 articles on an average week.

Company Ownership

• Score: 0.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Evolution Mining insiders have not sold or bought any company stock.

Percentage Held by Institutions

24.57% of the stock of Evolution Mining is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Materials
• Industry: Metals & Mining
• Sub-Industry: Gold
• Current Symbol: OTCMKTS:CAHPF
• CIK: 1686009
• Web: evolutionmining.com
• Phone: (129) 696-2900
• Fax: N/A
• Employees: 2,000
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Evolution Mining: $12.48
• High Price Target: $12.70
• Low Price Target: $12.25
• Potential Upside/Downside: +38.6%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 131.81
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A