EVN 1.86% $3.44 evolution mining limited

Ann: Material Increase in Ernest Henry Mineral Resource, page-61

  1. 205 Posts.
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    I reckon next week will probably offer a short term opportunity for long position.
    Market crashed hard as expected, with new forecasts for the Fed rate sitting at 4.50-4.75% at its peak before rate cut.
    While EVN is the weakest among the ASX 200 gold miners, I think 1.85 - 2.00 could possibly give you a 10% return in the coming weeks (Back to 2.15-2.30).
    My main priority would be on picking up some the tech stock this time when US100 goes to 112xx, to see if there is any chance of rebound before going further south.
 
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$3.44
Change
-0.065(1.86%)
Mkt cap ! $6.871B
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