Evolution should enjoy mounting upside momentum, with gold powering to nominal record highs.
Despite its recent share price resurgence, EVN remains appears undervalued relative to the metals (gold and copper) that drive its cash flows and profits.
Current gold-stock technicals and fundamentals argue for a much-higher share price ahead, in my opinion.
https://www.mining.com/web/gold-stock-upside-targets-2/
Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
EVN Underlying Performance, page-4
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Last
$3.50 |
Change
0.050(1.45%) |
Mkt cap ! $6.950B | |||
| Open | High | Low | Value | Volume |
| $3.44 | $3.51 | $3.44 | $28.67M | 8.237M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 260128 | $3.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.50 | 201176 | 8 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| EVN (ASX) Chart |