Jacob (Jake) Klein Sells 3,250,000 Shares of Evolution Mining (ASX:EVN) Stock

Evolution Mining Limited (ASX:EVN) insider Jacob (Jake) Klein sold 3,250,000 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of A$15.76, for a total transaction of A$51,216,750.00.

Evolution Mining Stock Performance

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

Evolution Mining Announces Dividend

The company also recently announced a Interim dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Wednesday, April 1st will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a yield of 125.0%. Evolution Mining’s payout ratio 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. The company was formerly known as Catalpa Resources Limited and changed its name to Evolution Mining Limited in November 2011.