Analysts Offer Predictions for Dynacor Group FY2024 Earnings

Dynacor Group Inc. (TSE:DNG) – Equities researchers at Atrium Research lifted their FY2024 earnings per share estimates for shares of Dynacor Group in a report released on Thursday, November 14th. Atrium Research analyst B. Pirie now forecasts that the company will post earnings of $0.68 per share for the year, up from their previous forecast of $0.59. The consensus estimate for Dynacor Group’s current full-year earnings is $0.43 per share.

Dynacor Group Stock Performance

DNG opened at C$5.52 on Friday. Dynacor Group has a 12-month low of C$3.28 and a 12-month high of C$6.01. The company has a market cap of C$200.76 million, a price-to-earnings ratio of 9.86 and a beta of 1.09. The company has a current ratio of 4.66, a quick ratio of 3.50 and a debt-to-equity ratio of 0.62. The company’s 50 day moving average is C$5.47 and its 200 day moving average is C$5.36.

Dynacor Group (TSE:DNG) last issued its quarterly earnings data on Wednesday, August 14th. The company reported C$0.16 earnings per share for the quarter. Dynacor Group had a net margin of 5.83% and a return on equity of 16.93%. The company had revenue of C$92.26 million for the quarter, compared to the consensus estimate of C$90.31 million.

Dynacor Group Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, November 19th. Investors of record on Friday, November 8th will be issued a $0.012 dividend. The ex-dividend date of this dividend is Friday, November 8th. This represents a $0.14 dividend on an annualized basis and a yield of 2.61%. Dynacor Group’s dividend payout ratio is currently 25.00%.

Dynacor Group Company Profile

Dynacor Group Inc engages in the exploration, development, and mining of minerals properties in Peru. The company explores for gold, silver, copper, and other precious metal deposits. Its flagship property is the Tumipampa project covering an area of 5,796 hectares located in the Circa district, Peru.