Evolution Mining Announces Quotation of New Securities on ASX

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

Evolution Mining Limited has announced the quotation of 11,206,192 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of an employee incentive scheme, indicating the company’s commitment to rewarding its workforce while potentially enhancing liquidity and shareholder value.

The most recent analyst rating on (AU:EVN) stock is a Hold with a A$5.00 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 Limited is a prominent player in the mining industry, focusing on the exploration and production of gold and other precious metals. The company is known for its strategic operations across various mining sites, aiming to enhance its market position and deliver value to its stakeholders.

Average Trading Volume: 14,134,168

Technical Sentiment Signal: Buy

Current Market Cap: A$16.33B

For detailed information about EVN stock, go to TipRanks’ Stock Analysis page.