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Evolution Mining Ltd (ASX: EVN) Share Price and News

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Evolution Mining Ltd (EVN) is an Australian mid-tier gold producer with global relevancy and a portfolio of 6 to 8 assets. These assets are located predominantly along the eastern seaboard of the country and have an average mine life of at least 10 years.

Evolution Mining was established in 2011 at a time when nearly 3 quarters of Australia’s annual gold production was owned by foreign operators. Today, Evolution is one of the major gold shares on the ASX and one of the lowest-cost gold producers in the world.

As a resources share in the ASX gold sector, the Evolution Mining share price is tied to the sometimes volatile fluctuations in the pricing of the sought-after yellow metal.

Evolution Mining Ltd (ASX: EVN) Latest News

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FAQ

Will Evolution Mining pay a dividend in 2020?

Evolution Mining introduced its revenue-based dividend policy in February 2013. Since then, the company has paid twice yearly dividends in March and September each year. Up until the first half of 2017, all Evolution Mining dividends were unfranked. From September that year onwards, however, the company’s dividends have been fully franked. Most recently, Evolution paid an interim dividend of 7 cents per share on 27 March 2020.

Does Evolution Mining offer a DRP?

Evolution Mining does operate a dividend reinvestment plan however it has been suspended as of the company’s final dividend payment in September 2017. Evolution’s Board have confirmed that the DRP will remain suspended until further notice.