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

Dynacor Group Inc. (TSE:DNG) announced a monthly dividend on Thursday, April 25th, Zacks reports. Stockholders of record on Wednesday, May 8th will be given a dividend of 0.012 per share on Thursday, May 16th. This represents a $0.14 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend is Tuesday, May 7th.

Dynacor Group Price Performance

Shares of DNG opened at C$5.06 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 3.95 and a quick ratio of 3.50. The stock has a market cap of C$184.79 million, a PE ratio of 9.55 and a beta of 1.13. Dynacor Group has a 1-year low of C$2.88 and a 1-year high of C$5.21. The firm has a fifty day moving average price of C$4.43 and a 200 day moving average price of C$3.96.

Dynacor Group (TSE:DNG) last issued its quarterly earnings results on Tuesday, March 26th. The company reported C$0.12 earnings per share (EPS) for the quarter. Dynacor Group had a net margin of 6.02% and a return on equity of 17.74%. The business had revenue of C$89.25 million for the quarter. As a group, sell-side analysts anticipate that Dynacor Group will post 0.43 EPS for the current year.

Analyst Ratings Changes

Separately, Atrium Research reissued a “buy” rating on shares of Dynacor Group in a report on Wednesday, April 3rd.

About Dynacor Group

Dynacor Group Inc explores, develops, and mines minerals properties in Peru. It explores for gold, silver, copper, and other precious metals. The company's flagship property is the Tumipampa project covering an area of 5,796 hectares located in the Circa district, Peru. It also holds a 100% interest in the greenfield Anta project that includes eight concessions covering an area of 5,600 hectares situated in the district of San Pedro, Peru.