Evolution Mining Limited (ASX:EVN) Insider Sells A$853,800.00 in Stock

Evolution Mining Limited (ASX:EVN) insider Jacob (Jake) Klein sold 200,000 shares of Evolution Mining stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of A$4.27 ($2.88), for a total transaction of A$853,800.00 ($576,891.89).

Jacob (Jake) Klein also recently made the following trade(s):

• On Monday, August 19th, Jacob (Jake) Klein sold 200,000 shares of Evolution Mining stock. The shares were sold at an average price of A$4.27 ($2.88), for a total transaction of A$853,800.00 ($576,891.89).
• On Wednesday, August 21st, Jacob (Jake) Klein sold 200,000 shares of Evolution Mining stock. The stock was sold at an average price of A$4.27 ($2.88), for a total value of A$853,800.00 ($576,891.89).

Evolution Mining Stock Performance

The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 49.18.

Evolution Mining Increases Dividend

The firm also recently announced a Final dividend, which will be paid on Thursday, October 3rd. Shareholders of record on Thursday, October 3rd will be issued a $0.05 dividend. The ex-dividend date is Wednesday, August 28th. This represents a yield of 1.17%. This is an increase from Evolution Mining’s previous Final dividend of $0.02. Evolution Mining’s dividend payout ratio (DPR) is 45.45%.

Evolution Mining Company Profile

Evolution Mining Limited engages in the exploration, mine development and operation, and sale of gold and gold-copper concentrates in Australia and Canada. The company also explores for copper and silver deposits. It owns and operates mines, including Cowal in New South Wales; Ernest Henry and Mt Rawdon in Queensland; Mungari in Western Australia; and Red Lake in Ontario, Canada.