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

Dynacor Group Inc. (TSE:DNG) declared a monthly dividend on Wednesday, September 9th. Stockholders of record on Thursday, September 17th will be paid a dividend of 0.0133 per share on Thursday, September 17th. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Wednesday, September 9th.

Dynacor Group Stock Performance

Shares of DNG stock opened at C$5.78 on Monday. Dynacor Group has a 1-year low of C$4.20 and a 1-year high of C$7.08. The company has a market cap of C$242.47 million, a price-to-earnings ratio of 11.80 and a beta of 0.75. 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 stock has a 50 day simple moving average of C$6.11 and a 200-day simple moving average of C$6.13.

Dynacor Group (TSE:DNG) last released its quarterly earnings results on Thursday, August 13th. The company reported C$0.04 earnings per share (EPS) for the quarter. The firm had revenue of C$205.19 million for the quarter. Dynacor Group had a net margin of 3.96% and a return on equity of 15.46%. On average, equities research analysts expect that Dynacor Group will post 0.43 EPS for the current fiscal year.

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.