Evolution Mining Shares Drop as Gold Stalls on Rate Worries
Evolution Mining stock is set for a weak open on Thursday after finishing Wednesday at A$11.44, down 4.19%. Lower bullion prices weighed on Australian gold miners. The ASX will open for regular trade shortly before 10 a.m. Sydney. Timing is a key issue here. Evolution’s next test comes soon, with the miner confirming its June-quarter report will be out before the open on July 15. Managing Director and CEO Lawrie Conway and COO Matt O’Neill are set for a call at 10:30 a.m. Sydney time.