Evolution Mining (ASX:EVN) Shares Pass Below Two Hundred Day Moving Average of $4.05
Evolution Mining Ltd (ASX:EVN)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-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.
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’s 50-day simple moving average is A$5.02 and its two-hundred day simple moving average is A$4.05. The company has a market capitalization of $7.70 billion and a price-to-earnings ratio of 35.47.
The business also recently disclosed a Final dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 27th will be given a dividend of $0.06 per share. This represents a yield of 1.15%. The ex-dividend date of this dividend is Monday, August 26th. Evolution Mining’s dividend payout ratio is presently 78.13%.
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.
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