Evolution Mining Ltd (EVN) to Issue Interim Dividend of $0.07 on March 27th

Evolution Mining Ltd (ASX:EVN) declared a interim dividend on Thursday, February 13th, MarketIndexAU reports. Stockholders of record on Friday, March 27th will be given a dividend of 0.07 per share on Friday, March 27th. This represents a dividend yield of 1.71%. The ex-dividend date is Monday, February 24th. This is an increase from Evolution Mining’s previous interim dividend of $0.04.

Shares of ASX EVN opened at A$4.23 ($3.00) on Friday. The stock has a market cap of $7.20 billion and a PE ratio of 33.05. The company has a quick ratio of 1.42, a current ratio of 2.31 and a debt-to-equity ratio of 12.19. Evolution Mining has a 52-week low of A$3.04 ($2.16) and a 52-week high of A$5.59 ($3.96). The business has a 50-day moving average price of A$3.80 and a 200 day moving average price of A$4.27.

In other news, insider Jacob (Jake) Klein 2,892,476 shares of the company’s stock in a transaction dated Friday, December 27th.

About Evolution Mining

Evolution Mining Limited engages in identifying, developing, and operating gold related projects in Australia and New Zealand. The company primarily explores for gold, copper, and silver deposits. As of June 30, 2018, it operated five wholly-owned gold mines located in Cowal in New South Wales; Cracow, Mt Carlton, and Mt Rawdon in Queensland; and Mungari in Western Australia, as well as had an economic interest in the Ernest Henry copper-gold operation in Queensland.

Further Reading: Certificate of Deposit (CD) For Risk Adverse Investors?

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