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 the firm’s stock in a transaction dated Wednesday, August 21st. 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 Friday, August 23rd, 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 transaction of A$853,800.00 ($576,891.89).

Evolution Mining Stock Performance

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

Evolution Mining Increases Dividend

The business also recently announced a Final dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Thursday, October 3rd will be issued a dividend of $0.05 per share. This represents a dividend yield of 1.17%. This is an increase from Evolution Mining’s previous Final dividend of $0.02. The ex-dividend date of this dividend is Wednesday, August 28th. Evolution Mining’s dividend payout ratio is currently 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.