Dynacor Group Inc. (DNG) To Go Ex-Dividend on October 9th

Dynacor Group Inc. (TSE:DNG) announced a monthly dividend on Friday, October 9th. Shareholders of record on Monday, October 19th will be given a dividend of $0.0133 per share on Monday, October 19th. This represents a $0.16 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Friday, October 9th.

Dynacor Group Price Performance

DNG stock opened at C$5.15 on Wednesday. Dynacor Group has a one year low of C$4.20 and a one year high of C$7.08. The firm has a 50-day moving average of C$5.79 and a two-hundred day moving average of C$6.00. The firm has a market capitalization of C$216.04 million, a PE ratio of 10.51 and a beta of 0.89. The company has a current ratio of 3.60, a quick ratio of 3.50 and a debt-to-equity ratio of 0.34.

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

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.