Dynacor Group Inc. (DNG) to Issue Monthly Dividend of $0.01 on May 18th

Dynacor Group Inc. (TSE:DNG) declared a monthly dividend on Monday, May 11th, TickerTech Dividends reports. Shareholders of record on Monday, May 18th will be paid a dividend of 0.0133 per share on Monday, May 18th. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Monday, May 11th.

Dynacor Group Stock Performance

TSE:DNG traded up C$0.09 during trading hours on Friday, reaching C$6.15. The company had a trading volume of 29,454 shares, compared to its average volume of 85,711. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.69 and a quick ratio of 3.50. Dynacor Group has a 1-year low of C$4.20 and a 1-year high of C$7.08. The business’s 50 day moving average price is C$5.99 and its 200-day moving average price is C$5.62. The firm has a market cap of C$257.94 million, a PE ratio of 12.30 and a beta of 0.75.

Dynacor Group (TSE:DNG) last issued its earnings results on Thursday, March 26th. The company reported C$0.23 earnings per share for the quarter. Dynacor Group had a return on equity of 16.72% and a net margin of 5.35%.The company had revenue of C$183.43 million for the quarter. Research analysts forecast that Dynacor Group will post 0.43 EPS 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.