Macquarie downgraded Evolution Mining (CAHPF) to Underperform from Neutral with a A$5.50 price target The firm cites valuation for the downgrade, saying that while the company’s Q2 was “solid,” rounding out a good first half of 2025 with production tracking well to guidance, Evolution Mining appears fully valued, with shares up 22% in January 2025, the analyst tells investors in a research note.
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