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Evolution Mining Ltd (EVN) $3.07

Gold stocks have enjoyed a resurgence over the last few months as this extremely cheap sector benefits from a softening in bond yields and a “wobbly” $US Dollar, it’s important to remember that if macro influences remain flat that gold stocks remain cheap creating plenty of upside potential, especially if inflation looks to have peaked.

  • We can see EVN testing $4 over the coming months which implies that it still presents some exciting risk/reward at current levels.
EVN
MM remains long and bullish EVN and the gold sector
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Evolution Mining Ltd (EVN)
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