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Citigroup Ceases Substantial Holding in Evolution Mining

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Citigroup Ceases Substantial Holding in Evolution Mining

Evolution Mining Limited ( (AU:EVN) ) has shared an announcement.

Citigroup Global Markets Australia Pty Limited has announced that it has ceased to be a substantial holder in Evolution Mining Limited as of March 6, 2025. This change in holding is due to securities lending agreements and standard stock exchange transactions, impacting over 100 million ordinary fully paid shares. This development may affect the company’s shareholder structure and could have implications for its market dynamics.

More about Evolution Mining Limited

Evolution Mining Limited is a prominent player in the mining industry, focusing on the exploration and production of gold. The company operates several gold mines across Australia and has a significant market presence in the gold mining sector.

YTD Price Performance: 34.35%

Average Trading Volume: 6,513

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $7.84B

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

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