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Evolution Mining Sees Shift in Substantial Holder’s Voting Power

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Evolution Mining Sees Shift in Substantial Holder’s Voting Power

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Evolution Mining ( (AU:EVN) ) has provided an update.

Evolution Mining Limited has announced a change in the interests of a substantial holder, with State Street Corporation and its subsidiaries adjusting their voting power in the company. This change reflects a decrease in the voting power from 8.10% to 6.95%, indicating a shift in the investment strategy of the substantial holder, which could have implications for the company’s market positioning and influence among stakeholders.

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

Average Trading Volume: 12,205,850

Technical Sentiment Signal: Buy

Current Market Cap: A$17.63B

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

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