Evolution Mining (ASX:EVN) Insider Sells A$51,216,750.00 in Stock

Evolution Mining Limited (ASX:EVNGet Free Report) insider Jacob (Jake) Klein sold 3,250,000 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of A$15.76, for a total transaction of A$51,216,750.00.

Evolution Mining Price Performance

The stock has a market capitalization of $12.43 billion, a P/E ratio of 29.39, a PEG ratio of 1.84 and a beta of 0.95. The company has a debt-to-equity ratio of 48.74, a current ratio of 1.09 and a quick ratio of 0.87.

Evolution Mining Dividend Announcement

The firm also recently announced a Interim dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, April 1st will be given a dividend of $0.20 per share. The ex-dividend date is Monday, March 2nd. This represents a dividend yield of 125.0%. Evolution Mining’s dividend payout ratio (DPR) is currently 45.45%.

About Evolution Mining

(Get Free Report)

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. The company was formerly known as Catalpa Resources Limited and changed its name to Evolution Mining Limited in November 2011.

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