BlackRock Becomes Substantial Holder in Evolution Mining

Evolution Mining ( (AU:EVN) ) has issued an announcement.

The news release from Evolution Mining indicates that BlackRock Group, including BlackRock Inc. and its subsidiaries, has become a substantial holder in the company, with a relevant interest in 133,174,001 voting shares, representing a 6.65% voting power. This development highlights a significant investment by BlackRock, which could influence Evolution Mining’s strategic decisions and potentially impact its market positioning and stakeholder interests.

The most recent analyst rating on (AU:EVN) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.

More about Evolution Mining

Evolution Mining is a company operating in the mining industry, focusing primarily on the extraction and production of gold. The company is known for its efforts to optimize its mining operations and expand its market presence.

YTD Price Performance: 86.12%

Average Trading Volume: 15,466,499

Technical Sentiment Signal: Buy

Current Market Cap: A$17.61B

See more data about EVN stock on TipRanks’ Stock Analysis page.