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Evolution Mining ( (AU:EVN) ) has shared an update.
Evolution Mining’s recent annual general meeting highlighted a successful year, marked by improved safety performance and record dividends, totaling $400 million. The company is well-positioned for future growth, benefiting from high commodity prices and a strong portfolio. Evolution Mining also announced a partnership with the University of Queensland to establish a fellowship aimed at enhancing mining safety and sustainability. Additionally, the company is transitioning the Mt Rawdon site into a pumped hydro power station, reflecting its commitment to innovation and renewable energy.
The most recent analyst rating on (AU:EVN) stock is a Hold with a A$12.00 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 global gold mining company with additional exposure to copper. The company is committed to delivering long-term stakeholder value through low-cost production in a safe, environmentally, and socially responsible manner. Evolution Mining is a significant contributor to the resource sector in Australia, which plays a pivotal role in the country’s economy.
Average Trading Volume: 8,608,996
Technical Sentiment Signal: Buy
Current Market Cap: A$23.17B
See more insights into EVN stock on TipRanks’ Stock Analysis page.