Evolution Mining (ASX:EVN) Shares Cross Below 200-Day Moving Average of $4.05

Evolution Mining Ltd (ASX:EVN)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $4.05 and traded as low as $4.47. Evolution Mining shares last traded at $4.54, with a volume of 14,467,314 shares traded.

The stock has a market cap of $7.70 billion and a PE ratio of 35.47. The company has a quick ratio of 1.42, a current ratio of 2.31 and a debt-to-equity ratio of 12.19. The stock has a 50-day moving average of A$5.02 and a 200 day moving average of A$4.05.

The business also recently disclosed a Final dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 27th will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Monday, August 26th. This represents a yield of 1.15%. Evolution Mining’s payout ratio is 78.13%.

In other Evolution Mining news, insider Lawrence (Lawrie) Conway sold 240,000 shares of Evolution Mining stock in a transaction on Monday, August 26th. The stock was sold at an average price of A$5.38 ($3.82), for a total value of A$1,292,160.00 ($916,425.53). Also, insider Jacob (Jake) Klein 684,854 shares of the firm’s stock in a transaction dated Wednesday, August 21st.

Evolution Mining Company Profile (ASX:EVN)

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.

See Also: Net Margin

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