Evolution Mining Ltd
EVN: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$6.00 | Fhyj | Msbjlgwj |
Opportunities in Mining Sector in Coal and Gold; Commodity Prices Generally Supportive
Commodity prices diverged in the quarter. Despite solid China steel production, iron ore and metallurgical coal prices are down, while copper rose on supply issues and hopes of faster global growth. However, prices are elevated compared with history and cost-curve support.