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This is the ASX 200 gold stock to buy now: Bell Potter

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This gold miner could be one to buy now according to the top broker. The post This is the ASX 200 gold stock to buy now: Bell Potter appeared first on The Motley Fool Australia.
The article from MSN Money discusses Bell Potter's analysis of the ASX 200 gold stocks, highlighting Evolution Mining (ASX:EVN) as a top pick for investment. Bell Potter has upgraded Evolution Mining to a "buy" rating with a target price of $3.85, suggesting a potential 20% increase from its current price. This recommendation comes in light of Evolution's strategic moves, including the acquisition of the Northparkes copper-gold mine, which is expected to enhance its production profile. The brokerage firm also notes that despite a recent dip in gold prices, the long-term outlook for gold remains positive due to factors like geopolitical tensions and economic uncertainties. Evolution's diversified asset base, including both gold and copper, positions it well to benefit from any upturn in commodity prices.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/money/top-stocks/this-is-the-asx-200-gold-stock-to-buy-now-bell-potter/ar-AA1yHQRY ]