Dynacor Group (TSE:DNG) Announces Quarterly Earnings Results

Dynacor Group (TSE:DNG) announced its quarterly earnings data on Thursday. The company reported C$0.24 earnings per share (EPS) for the quarter, FiscalAI reports. Dynacor Group had a return on equity of 16.72% and a net margin of 5.35%.The firm had revenue of C$214.23 million for the quarter.

Dynacor Group Stock Down 0.3%

TSE DNG traded down C$0.02 on Friday, hitting C$6.34. 28,552 shares of the stock traded hands, compared to its average volume of 84,842. The stock has a 50-day moving average of C$5.93 and a 200 day moving average of C$5.68. Dynacor Group has a twelve month low of C$4.20 and a twelve month high of C$7.08. The company has a market capitalization of C$265.91 million, a P/E ratio of 12.68 and a beta of 0.75. The company has a current ratio of 3.69, a quick ratio of 3.50 and a debt-to-equity ratio of 0.38.

Dynacor Group Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, May 18th. Shareholders of record on Monday, May 18th will be paid a dividend of $0.0133 per share. The ex-dividend date is Monday, May 11th. This represents a c) annualized dividend and a yield of 2.5%. Dynacor Group’s dividend payout ratio is presently 23.02%.

About Dynacor Group

Dynacor Group is an industrial ore processing company dedicated to producing gold sourced from artisanal miners. Since its establishment in 1996, Dynacor has pioneered a responsible mineral supply chain with stringent traceability and audit standards for the fast-growing artisanal mining industry. By focusing on formalized miners, the Canadian company offers a win-win approach for governments and miners globally. Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru.