Dynacor Group Inc. (TSE:DNG) Director Acquires C$19,987.00 in Stock

Dynacor Group Inc. (TSE:DNG) Director Jean Martineau purchased 4,600 shares of the stock in a transaction dated Wednesday, April 9th. The stock was purchased at an average cost of C$4.35 per share, for a total transaction of C$19,987.00.

Dynacor Group Trading Up 6.5 %

Shares of DNG opened at C$4.42 on Thursday. The firm has a market cap of C$130.71 million, a price-to-earnings ratio of 6.20 and a beta of 1.09. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.50 and a current ratio of 4.36. Dynacor Group Inc. has a fifty-two week low of C$4.00 and a fifty-two week high of C$6.25. The firm has a 50 day moving average price of C$5.22 and a 200-day moving average price of C$5.57.

Dynacor Group Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, April 17th will be given a dividend of $0.0133 per share. This represents a $0.16 dividend on an annualized basis and a yield of 3.61%. The ex-dividend date of this dividend is Thursday, April 10th. Dynacor Group’s payout ratio is currently 19.64%.

About Dynacor Group

Dynacor, with 27 years of experience, is a Canadian-based dividend-paying industrial gold ore processor. The corporation is engaged in gold production by processing ore purchased from the ASM (artisanal and small-scale mining) industry. Dynacor operates in Peru, where its management and processing teams have decades of experience working with ASM miners.