Evolution Mining P/E 2024

Evolution Mining P/E

14.56

Evolution Mining Dividend yield

1.5 %

Ticker

EVN.AX

ISIN

AU000000EVN4

WKN

A1JNWA

As of May 27, 2024, Evolution Mining's P/E ratio was 14.56, a -62.39% change from the 38.71 P/E ratio recorded in the previous year.

The Evolution Mining P/E history

Evolution Mining Aktienanalyse

What does Evolution Mining do?

Evolution Mining Ltd is an Australian gold mining company. It was founded in 2011 and is headquartered in Sydney. The company is listed on the Australian stock exchange and has mining activities throughout Australia. Evolution Mining Ltd is one of the leading gold producers in Australia. The history of Evolution Mining Ltd dates back to 2002 when Jake Klein and Mark Calderwood came together to establish the company Catalpa Resources. Catalpa Resources merged with Conquest Mining in 2009 to form the new company Catalpa Resources Limited. In 2011, the company's strategy was changed and the company was renamed Evolution Mining Ltd. In the same year, Evolution Mining Ltd acquired the Cowal gold project from Barrick Gold and began its successful career in the gold mining industry. The business model of Evolution Mining Ltd is to extract and sell gold, copper, and other metals from mining activities. The company follows a diversified strategy aimed at increasing its earnings and growth through the acquisition of mining projects with potential for low production costs and good development conditions. Evolution Mining Ltd has a variety of divisions that allow the company to successfully extract and market its resources. These are the main divisions of Evolution Mining Ltd: 1. Gold mines: The company operates gold mines in several Australian states, including Western Australia, New South Wales, and Queensland. The main projects of Evolution Mining Ltd include Cowal, Mungari, Mt Carlton, and Ernest Henry. 2. Copper mines: Evolution Mining Ltd owns copper mines in Victoria, Western Australia, and Queensland. Copper production helps diversify the company's revenues. 3. Exploration projects: Evolution Mining Ltd also operates exploration projects to develop new mining activities and expand its reserves. The company has exploration projects throughout Australia, including the fertile gold and copper-rich Cobar area - an area that the company views as a key area for future expansion. Products: Evolution Mining Ltd primarily produces gold and copper. Gold is the company's main product and is extracted from its gold mines. Copper is also extracted from some of the company's copper mines. The produced metals are then sold on the global market. Conclusion: Evolution Mining Ltd has had an impressive career in the mining industry in recent years. The company specializes in gold mining and is one of the leading gold producers in Australia. It operates copper mines and has several exploration projects to expand its reserves. The company has a diversified strategy aimed at increasing its earnings and growth through the acquisition of mining projects with potential for low production costs and good development conditions. Evolution Mining Ltd has established itself as one of Australia's most successful mining companies and continues its mission to be a world-class mining company. Evolution Mining ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Evolution Mining's P/E Ratio

The Price to Earnings (P/E) Ratio of Evolution Mining is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Evolution Mining's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Evolution Mining is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Evolution Mining’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Evolution Mining Stock

What is the price-to-earnings ratio of Evolution Mining?

The price-earnings ratio of Evolution Mining is currently 14.56.

How has the price-earnings ratio of Evolution Mining changed compared to last year?

The price-to-earnings ratio of Evolution Mining has increased by -62.39% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Evolution Mining high compared to other companies?

Yes, the price-to-earnings ratio of Evolution Mining is high compared to other companies.

How does an increase in the price-earnings ratio of Evolution Mining affect the company?

An increase in the price-earnings ratio of Evolution Mining would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Evolution Mining affect the company?

A decrease in the price-earnings ratio of Evolution Mining would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Evolution Mining?

Some factors that influence the price-earnings ratio of Evolution Mining are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Evolution Mining pay?

Over the past 12 months, Evolution Mining paid a dividend of 0.06 AUD . This corresponds to a dividend yield of about 1.5 %. For the coming 12 months, Evolution Mining is expected to pay a dividend of 0.06 AUD.

What is the dividend yield of Evolution Mining?

The current dividend yield of Evolution Mining is 1.5 %.

When does Evolution Mining pay dividends?

Evolution Mining pays a quarterly dividend. This is distributed in the months of September, March, September, March.

How secure is the dividend of Evolution Mining?

Evolution Mining paid dividends every year for the past 17 years.

What is the dividend of Evolution Mining?

For the upcoming 12 months, dividends amounting to 0.06 AUD are expected. This corresponds to a dividend yield of 1.54 %.

In which sector is Evolution Mining located?

Evolution Mining is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Evolution Mining kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Evolution Mining from 4/5/2024 amounting to 0.029 AUD, you needed to have the stock in your portfolio before the ex-date on 2/27/2024.

When did Evolution Mining pay the last dividend?

The last dividend was paid out on 4/5/2024.

What was the dividend of Evolution Mining in the year 2023?

In the year 2023, Evolution Mining distributed 0.086 AUD as dividends.

In which currency does Evolution Mining pay out the dividend?

The dividends of Evolution Mining are distributed in AUD.

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Andere Kennzahlen von Evolution Mining

Our stock analysis for Evolution Mining Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Evolution Mining Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.