Dynacor Group Inc. Announces Monthly Dividend of $0.01 (TSE:DNG)

Dynacor Group Inc. (TSE:DNG) announced a monthly dividend on Wednesday, September 9th. Shareholders of record on Thursday, September 17th will be given a dividend of 0.0133 per share on Thursday, September 17th. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Wednesday, September 9th.

Dynacor Group Stock Performance

DNG stock opened at C$5.78 on Monday. Dynacor Group has a 1-year low of C$4.20 and a 1-year high of C$7.08. The company has a current ratio of 3.60, a quick ratio of 3.50 and a debt-to-equity ratio of 0.34. The business’s 50 day moving average is C$6.11 and its 200-day moving average is C$6.13. The firm has a market cap of C$242.47 million, a P/E ratio of 11.80 and a beta of 0.75.

Dynacor Group (TSE:DNG) last announced its quarterly earnings results on Thursday, August 13th. The company reported C$0.04 EPS for the quarter. The business had revenue of C$205.19 million for the quarter. Dynacor Group had a return on equity of 15.46% and a net margin of 3.96%. Equities analysts anticipate that Dynacor Group will post 0.43 earnings per share for the current fiscal year.

Dynacor Group Company Profile

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.