How to buy Evolution Mining (EVN) shares
Learn how to easily invest in Evolution Mining shares.
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Evolution Mining Limited is a gold business based in Australia. Evolution Mining shares (EVN) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Evolution Mining has a trailing 12-month revenue of around $1.9 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in Evolution Mining
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Evolution Mining. Find the share by name or ticker symbol: EVN. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Evolution Mining reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Evolution Mining. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Evolution Mining key stats
- Compare share trading platforms
- Is Evolution Mining stock a buy or sell?
- Evolution Mining performance over time
- Are Evolution Mining shares over-valued?
- Evolution Mining's financials
- How volatile are Evolution Mining shares?
- Does Evolution Mining pay a dividend?
- Have Evolution Mining shares ever split?
- Other common questions
Evolution Mining stock price (ASX:EVN)Use our graph to track the performance of EVN stocks over time.
Evolution Mining shares at a glance
|52-week range||$3.58 - $6.2719|
|50-day moving average||$3.9189|
|200-day moving average||$4.4313|
|Dividend yield||$0.12 (3.19%)|
|Earnings per share (TTM)||$0.201|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Evolution Mining stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Evolution Mining price performance over time
|1 week (2021-09-17)||-4.75%|
|1 month (2021-08-25)||-9.52%|
|3 months (2021-06-25)||-23.03%|
|6 months (2021-03-25)||-18.14%|
|1 year (2020-09-25)||-36.89%|
|2 years (2019-09-25)||-24.79%|
|3 years (2018-09-25)||34.70%|
|5 years (2016-09-23)||44.98%|
Is Evolution Mining under- or over-valued?
Valuing Evolution Mining stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Evolution Mining's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Evolution Mining's P/E ratio
Evolution Mining's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, Evolution Mining shares trade at around 18x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Evolution Mining's EBITDA
Evolution Mining's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $898.1 million (£0.0 million).
The EBITDA is a measure of a Evolution Mining's overall financial performance and is widely used to measure a its profitability.
Evolution Mining financials
|Revenue TTM||$1.9 billion|
|Operating margin TTM||27.74%|
|Gross profit TTM||$578.9 million|
|Return on assets TTM||8.36%|
|Return on equity TTM||13.81%|
|Market capitalisation||$6.6 billion|
TTM: trailing 12 months
Evolution Mining share dividends
Dividend payout ratio: 70.59% of net profits
Recently Evolution Mining has paid out, on average, around 70.59% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.66% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Evolution Mining shareholders could enjoy a 2.66% return on their shares, in the form of dividend payments. In Evolution Mining's case, that would currently equate to about A$0.12 per share.
Evolution Mining's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 29 August 2021 (the "ex-dividend date").
Have Evolution Mining's shares ever split?
Evolution Mining's shares were split on 21 March 2010.
Evolution Mining share price volatility
Over the last 12 months, Evolution Mining's shares have ranged in value from as little as $3.58 up to $6.2719. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Evolution Mining's is -0.1271. This would suggest that Evolution Mining's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Evolution Mining has bucked the trend.
Evolution Mining overview
Evolution Mining Limited engages in the exploration, mine development, mine operations, and sale of gold and gold/copper concentrates in Australia and Canada. The company also explores for copper and silver deposits. As of June 30, 2021, it operated five gold mines, such as Cowal in New South Wales; Mt Carlton and Mt Rawdon in Queensland; Mungari in Western Australia; and Red Lake in Ontario. The company also holds an economic interest in the Ernest Henry copper-gold operation in Queensland; and a 100% interest in the Crush Creek project located southeast of the Mt Carlton Operation in Queensland. In addition, it holds a 100% interest in the Kundana Operations; a 51% interest in the East Kundana Joint Venture; a 100% interest in the certain tenements comprising the Carbine project; and a 75% interest in the West Kundana Joint Venture. The company was formerly known as Catalpa Resources Limited and changed its name to Evolution Mining Limited in November 2011. Evolution Mining Limited was incorporated in 1998 and is based in Sydney, Australia.
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