Dynacor Group Inc. (DNG) to Issue Monthly Dividend of $0.01 on November 17th

Dynacor Group Inc. (TSE:DNG) declared a monthly dividend on Monday, November 9th. Stockholders of record on Tuesday, November 17th will be given a dividend of $0.0133 per share on Tuesday, November 17th. This represents a $0.16 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Monday, November 9th.

Dynacor Group Stock Up 1.3%

Shares of Dynacor Group stock opened at C$5.37 on Friday. The company has a 50-day moving average of C$5.32 and a 200 day moving average of C$5.96. The firm has a market cap of C$225.27 million, a price-to-earnings ratio of 10.96 and a beta of 1.07. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.60 and a quick ratio of 3.50. Dynacor Group has a 1 year low of C$4.24 and a 1 year high of C$7.08.

Dynacor Group (TSE:DNG) last issued its quarterly earnings results on Thursday, August 13th. The company reported C$0.04 earnings per share for the quarter. Dynacor Group had a return on equity of 15.46% and a net margin of 3.96%. The firm had revenue of C$205.19 million for the quarter. As a group, sell-side 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 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 . The company is expanding to West Africa and within Latin America .