Dynacor Group (TSE:DNG) Announces Quarterly Earnings Results

Dynacor Group (TSE:DNG) issued its quarterly earnings data on Wednesday. The company reported C$0.10 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$212.95 million during the quarter. Dynacor Group had a return on equity of 15.46% and a net margin of 3.96%.

Dynacor Group Stock Performance

Dynacor Group stock remained flat at C$5.47 during midday trading on Wednesday. The company had a trading volume of 305,962 shares, compared to its average volume of 96,152. Dynacor Group has a 52-week low of C$4.24 and a 52-week high of C$7.08. The stock has a market capitalization of C$229.46 million, a PE ratio of 11.16 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. The firm has a fifty day moving average price of C$5.31 and a 200-day moving average price of C$5.95.

Dynacor Group Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, November 17th. Shareholders of record on Tuesday, November 17th will be issued a $0.0133 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Monday, November 9th. Dynacor Group’s dividend payout ratio (DPR) is 23.57%.

About Dynacor Group

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 .