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

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

Dynacor Group Price Performance

Shares of DNG stock opened at C$5.78 on Monday. The company has a current ratio of 3.60, a quick ratio of 3.50 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of C$242.47 million, a price-to-earnings ratio of 11.80 and a beta of 0.75. The firm’s 50 day moving average is C$6.11 and its 200-day moving average is C$6.13. Dynacor Group has a 1 year low of C$4.20 and a 1 year high of C$7.08.

Dynacor Group (TSE:DNG) last posted its quarterly earnings data 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 return on equity of 15.46% and a net margin of 3.96%. Sell-side analysts forecast 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.