Dynacor Gold Mines Inc. (TSE:DNG) announced a quarterly dividend on Tuesday, March 19th, TickerTech reports. Stockholders of record on Wednesday, April 3rd will be given a dividend of 0.01 per share on Wednesday, April 3rd. This represents a $0.04 annualized dividend and a dividend yield of 2.26%. The ex-dividend date of this dividend is Tuesday, March 19th.

DNG traded down C$0.01 during trading on Thursday, hitting C$1.77. 11,500 shares of the stock were exchanged, compared to its average volume of 28,521. Dynacor Gold Mines has a 1 year low of C$1.41 and a 1 year high of C$1.98. The company has a market capitalization of $70.21 million and a P/E ratio of 14.16. The company has a quick ratio of 3.17, a current ratio of 4.35 and a debt-to-equity ratio of 1.53.

Separately, Fundamental Research reaffirmed a “buy” rating and set a C$3.52 price objective (down previously from C$3.75) on shares of Dynacor Gold Mines in a research report on Thursday, November 22nd.

In related news, Director Jean Martineau sold 14,300 shares of the company’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of C$1.78, for a total value of C$25,454.00. Following the sale, the director now directly owns 946,246 shares of the company’s stock, valued at C$1,684,317.88.

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About Dynacor Gold Mines

Dynacor Gold Mines Inc, through its subsidiaries, engages in processing, exploration, and development of mineral properties in Peru. The company primarily explores for gold, silver, copper, and precious metals. Its flagship property is the Tumipampa property covering an area of 9,756 hectares located in the province of Abancay, Peru.

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