Dynacor Group (TSE:DNG) Announces Quarterly Earnings Results

Dynacor Group (TSE:DNG) announced its earnings results on Wednesday. The company reported C$0.10 earnings per share for the quarter, FiscalAI reports. Dynacor Group had a net margin of 3.96% and a return on equity of 15.46%. The company had revenue of C$212.95 million during the quarter.

Dynacor Group Price Performance

Dynacor Group stock opened at C$5.47 on Thursday. Dynacor Group has a fifty-two week low of C$4.24 and a fifty-two week high of C$7.08. The company has a debt-to-equity ratio of 0.34, a quick ratio of 3.50 and a current ratio of 3.60. The firm has a 50 day moving average price of C$5.31 and a 200 day moving average price of C$5.94. The company has a market capitalization of C$229.46 million, a PE ratio of 11.16 and a beta of 1.07.

Dynacor Group Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, November 17th. Investors of record on Tuesday, November 17th will be given a dividend of $0.0133 per share. The ex-dividend date of this dividend is Monday, November 9th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.9%. Dynacor Group’s dividend payout ratio (DPR) is presently 23.57%.

Dynacor Group Company Profile

Dynacor Group is an 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 . The company is expanding to West Africa and within Latin America .