Evolution Mining Stock Price Rebounds, but EVN Faces April Test After Gold Selloff
Evolution Mining shares closed up 1.64% at A$12.41 Friday but remain below Wednesday’s A$13.50 after a gold-driven selloff. Spot gold fell 1.8% Friday as the dollar and yields rose, pressuring miners. Evolution will release its March-quarter update April 15 and pay a 20-cent interim dividend April 2. Investors await confirmation of full-year production and cost guidance after February’s record profit.