Buyers on the march into Gold as Indexes trade lower

New Buy Entry Alert EVN

Time Frame : Daily/Weekly

Sector : Materials/Basic Materials

Key Stats : $6.43 Billion Market Cap, VWAP 3.92, ASX Ranking 76, 4 Week Av Turnover $42,422,056, Current Turnover $31,466,601 (11:19am AEDT).

Company Overview : Evolution Mining Limited (EVN) is a gold mining company focusing on mining and exploration operations in Australia. It owns and operates five gold and silver mines in Queensland and Western Australia.

Broker Consensus : BUY/HOLD

EVN – Evolution Mining Limited

EVN is on the move up so time to jump on board for some exposure to Gold. We are now happy to buy on a push up through 4.00 with a Stop Loss at 3.60. If price falls below 3.60 prior to entry, we will cancel the alert and re-assess the action.

Stock Code : EVN – Evolution Mining Limited

Company Website : www.evolutionmining.com.au

Current Price : 3.95

New Potential Buy Entry (Trigger Level) : 4.00

Potential Sell Exit Zone (Stop Loss/Cancel Level) : 3.60

Status : On watch for Buy Entry Trigger