Dynacor Group Inc. Declares Monthly Dividend of $0.01 (TSE:DNG)

Dynacor Group Inc. (TSE:DNG) declared a monthly dividend on Tuesday, May 7th, Zacks reports. Investors of record on Thursday, May 16th will be given a dividend of 0.012 per share on Thursday, May 16th. This represents a $0.14 annualized dividend and a yield of 2.72%. The ex-dividend date is Tuesday, May 7th.

Dynacor Group Trading Up 1.0 %

DNG opened at C$5.29 on Monday. Dynacor Group has a 12-month low of C$2.88 and a 12-month high of C$5.30. The company has a debt-to-equity ratio of 0.71, a current ratio of 3.95 and a quick ratio of 3.50. The stock has a market capitalization of C$193.19 million, a PE ratio of 9.98 and a beta of 1.13. The firm’s fifty day moving average price is C$4.58 and its 200 day moving average price is C$4.06.

Dynacor Group (TSE:DNG) last issued its earnings results on Tuesday, March 26th. The company reported C$0.12 EPS for the quarter. The company had revenue of C$89.25 million during the quarter. Dynacor Group had a return on equity of 17.74% and a net margin of 6.02%. As a group, research analysts expect that Dynacor Group will post 0.43 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Atrium Research restated a “buy” rating on shares of Dynacor Group in a research note on Wednesday, April 3rd.

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.