Bell Potter analyst David Coates maintained a Buy rating on Evolution Mining Limited (CAHPF – Research Report) today and set a price target of A$7.00. The company’s shares closed last Friday at $4.52.

According to TipRanks, Coates is a 4-star analyst with an average return of 6.9% and a 53.39% success rate. Coates covers the Basic Materials sector, focusing on stocks such as Evolution Mining Limited, AIC Mines Limited, and Regis Resources Limited.

In addition to Bell Potter, Evolution Mining Limited also received a Buy from CLSA’s Trent Allen in a report issued on March 27. However, on March 16, Citi maintained a Hold rating on Evolution Mining Limited (Other OTC: CAHPF).

CAHPF market cap is currently $9.03B and has a P/E ratio of 19.72.