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Citigroup Becomes Substantial Shareholder in Evolution Mining

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Citigroup Becomes Substantial Shareholder in Evolution Mining

Evolution Mining Limited ( (AU:EVN) ) has issued an update.

Citigroup Global Markets Australia Pty Limited has become a substantial shareholder in Evolution Mining Limited, holding a 6.944% voting power as of March 4, 2025. This development indicates a significant investment by Citigroup, potentially impacting Evolution Mining’s market positioning and signaling confidence in its future prospects.

More about Evolution Mining Limited

Evolution Mining Limited operates in the mining industry, focusing primarily on gold production and exploration. The company is known for its portfolio of high-quality assets across Australia and aims to deliver superior returns to its stakeholders through efficient operations and strategic growth initiatives.

YTD Price Performance: 30.95%

Average Trading Volume: 6,329

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $7.89B

Learn more about EVN stock on TipRanks’ Stock Analysis page.

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