Dynacor Group (TSE:DNG) Releases Earnings Results

Dynacor Group (TSE:DNG) announced its quarterly earnings results on Thursday. The company reported C$0.04 EPS for the quarter, FiscalAI reports. The firm had revenue of C$205.19 million for the quarter. Dynacor Group had a return on equity of 17.72% and a net margin of 4.98%.

Dynacor Group Stock Performance

Dynacor Group stock remained flat at C$6.61 during mid-day trading on Thursday. The company’s stock had a trading volume of 44,690 shares, compared to its average volume of 94,310. The company has a debt-to-equity ratio of 0.36, a quick ratio of 3.50 and a current ratio of 4.28. The firm has a market cap of C$277.28 million, a price-to-earnings ratio of 12.24 and a beta of 0.78. The firm’s 50-day moving average is C$6.29 and its two-hundred day moving average is C$6.17. Dynacor Group has a one year low of C$4.20 and a one year high of C$7.08.

Dynacor Group Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 17th will be paid a dividend of $0.0133 per share. The ex-dividend date is Monday, August 10th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. Dynacor Group’s dividend payout ratio (DPR) is currently 21.48%.

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.