Dynacor Group (TSE:DNG) Hits New 12-Month High – Here’s What Happened

Dynacor Group Inc. (TSE:DNG) reached a new 52-week high on Monday . The stock traded as high as C$6.34 and last traded at C$6.30, with a volume of 117644 shares changing hands. The stock had previously closed at C$6.15.

Dynacor Group Price Performance

The company has a 50-day moving average of C$5.06 and a 200 day moving average of C$4.80. The company has a quick ratio of 3.50, a current ratio of 4.36 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of C$264.83 million, a PE ratio of 17.08 and a beta of 0.39.

Dynacor Group (TSE:DNG) last announced its quarterly earnings data on Thursday, November 13th. The company reported C$0.12 earnings per share for the quarter. Dynacor Group had a return on equity of 20.08% and a net margin of 6.76%.The company had revenue of C$139.96 million for the quarter. Sell-side analysts predict that Dynacor Group Inc. will post 0.43 EPS for the current year.

Dynacor Group Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 19th were paid a dividend of $0.0133 per share. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Tuesday, December 9th. Dynacor Group’s dividend payout ratio is currently 30.19%.

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.