EVN 1.01% $3.99 evolution mining limited

Price action, page-249

  1. 1,466 Posts.
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    I doubt that it will be higher than 6cents but it should be at least 4 or 5c in my opinion given that they had higher costs and lower ounces. This is however almost totally offset by higher gold price. A 50% increase in dividend would be about 5.25c and would surely be attractive. Given that when EVN announced their final dividend of 6c, the share price was over 5$. Which is why i think 4.20$ is a good short term target (assuming gold price holds).
 
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