Réjean Gourde Buys 5,000 Shares of Dynacor Group Inc. (TSE:DNG) Stock

Dynacor Group Inc. (TSE:DNG) Director Réjean Gourde bought 5,000 shares of the company’s stock in a transaction dated Monday, April 7th. The stock was purchased at an average cost of C$4.34 per share, for a total transaction of C$21,700.00.

Dynacor Group Stock Performance

DNG remained flat at C$4.15 during trading hours on Wednesday. The company had a trading volume of 37,621 shares, compared to its average volume of 90,049. The company’s 50 day simple moving average is C$5.28 and its 200-day simple moving average is C$5.58. Dynacor Group Inc. has a twelve month low of C$4.00 and a twelve month high of C$6.25. The firm has a market cap of C$122.72 million, a price-to-earnings ratio of 5.82 and a beta of 1.09. The company has a current ratio of 4.36, a quick ratio of 3.50 and a debt-to-equity ratio of 0.59.

Dynacor Group Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, April 17th will be issued a dividend of $0.0133 per share. This represents a $0.16 annualized dividend and a dividend yield of 3.85%. The ex-dividend date is Thursday, April 10th. Dynacor Group’s payout ratio is 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.