Business · Markets · 1 hr ago

Evolution Mining compared with Northern Star Resources for investors

Evolution Mining compared with Northern Star Resources for investors

Evolution Mining and Northern Star Resources are major gold producers listed on the Australian Securities Exchange.

Both operate mines in Australia and overseas, and the comparison considers which might suit someone investing $1,000.

Evolution’s listed assets include mines in Australia and Canada, while Northern Star operates in Western Australia and North America.

Evolution had a lower price-to-earnings ratio, at 18.07 compared with Northern Star’s 21.08, and a higher dividend yield, at 3.12% versus 2.26%.

Evolution’s recent dividends were fully franked, while Northern Star’s franking varied.

Evolution’s share price was up 6.94% year to date, while Northern Star’s was down 6.7%.

The comparison favors Evolution, but it notes that Northern Star’s P/E and earnings-per-share figures may use different earnings measures.

What people are saying

For my $1000 today, though, I'd lean toward Evolution Mining.
Motley Fool AU authorArticle authorvia Motley Fool AU

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