Dynacor Group Inc. Declares Monthly Dividend of $0.01 (TSE:DNG)

Dynacor Group Inc. (TSE:DNG) declared a monthly dividend on Monday, August 10th, TickerTech Dividends reports. Stockholders of record on Monday, August 17th will be paid a dividend of 0.0133 per share on Monday, August 17th. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Monday, August 10th.

Dynacor Group Stock Up 2.1%

Shares of Dynacor Group stock opened at C$6.68 on Friday. The business has a 50-day moving average price of C$6.29 and a 200 day moving average price of C$6.18. Dynacor Group has a fifty-two week low of C$4.20 and a fifty-two week high of C$7.08. The firm has a market cap of C$280.22 million, a P/E ratio of 12.37 and a beta of 0.78. The company has a quick ratio of 3.50, a current ratio of 4.28 and a debt-to-equity ratio of 0.36.

Dynacor Group (TSE:DNG) last issued its earnings results on Thursday, May 14th. The company reported C$0.24 EPS for the quarter. Dynacor Group had a return on equity of 17.72% and a net margin of 4.98%.The company had revenue of C$214.23 million during the quarter. On average, sell-side analysts forecast that Dynacor Group will post 0.43 earnings per share for the current fiscal 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.