Dynacor Group Inc. (DNG) to Distribute Monthly Dividend of $0.01 on October 19th

Dynacor Group Inc. (TSE:DNG) declared a monthly dividend on Friday, October 9th. Stockholders of record on Monday, October 19th will be given a dividend of $0.0133 per share on Monday, October 19th. This represents a $0.16 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Friday, October 9th.

Dynacor Group Price Performance

Shares of DNG stock opened at C$5.15 on Wednesday. The firm’s 50-day moving average is C$5.79 and its two-hundred day moving average is C$6.00. The company has a market capitalization of C$216.04 million, a PE ratio of 10.51 and a beta of 0.89. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.60 and a quick ratio of 3.50. Dynacor Group has a 12 month low of C$4.20 and a 12 month high of C$7.08.

Dynacor Group (TSE:DNG) last posted its earnings results on Thursday, August 13th. The company reported C$0.04 EPS for the quarter. The company 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%. Analysts predict that Dynacor Group will post 0.43 earnings per share for the current year.

About Dynacor Group

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.