Evolution Mining traded at 16.07 this Wednesday March 4th, decreasing 0.80 or 4.74 percent since the previous trading session. Looking back, over the last four weeks, Evolution Mining lost 10.52 percent. Over the last 12 months, its price rose by 153.87 percent. Looking ahead, we forecast Evolution Mining to be priced at 17.30 by the end of this quarter and at 16.25 in one year, according to Trading Economics global macro models projections and analysts expectations.
Evolution Mining Limited is a gold mining company. The Company operates gold-related mining projects in Australia and in Ontario, Canada. It owns and operates mines: Cowal in New South Wales; Mt Carlton, Mt Rawdon, and Ernest Henry, in Queensland; and Mungari in Western Australia. The Cowal gold operation is an open-pit gold operation located approximately 350 kilometers (km) west of Sydney. Its Mt Carlton operation is located approximately 150km south of Townsville, Queensland. The Mt. Rawdon open pit gold operation is located approximately 75km south-west of Bundaberg, Queensland. The Mungari gold operation is located approximately 600km east of Perth and 20km west of Kalgoorlie in Western Australia. The Ernest Henry copper-gold operation is operated by Glencore. It also operates Red Lake mining asset, which is an underground gold mine in western Ontario, Canada.