Dynacor Gold Mines Inc. (TSE:DNG) Declares $0.02 Quarterly Dividend

Dynacor Gold Mines Inc. (TSE:DNG) declared a quarterly dividend on Thursday, September 17th, TickerTech reports. Shareholders of record on Monday, October 5th will be paid a dividend of 0.015 per share on Monday, October 5th. This represents a $0.06 annualized dividend and a yield of 3.03%. The ex-dividend date is Thursday, September 17th.

Shares of DNG opened at C$1.98 on Tuesday. The company has a market cap of $76.80 million and a PE ratio of 16.50. The company has a current ratio of 5.36, a quick ratio of 4.29 and a debt-to-equity ratio of 1.58. The stock has a 50-day moving average price of C$2.19 and a 200-day moving average price of C$1.79. Dynacor Gold Mines has a 12-month low of C$0.99 and a 12-month high of C$2.62.

Dynacor Gold Mines (TSE:DNG) last issued its quarterly earnings results on Thursday, August 13th. The company reported C($0.02) earnings per share (EPS) for the quarter. The firm had revenue of C$11.10 million during the quarter. As a group, analysts predict that Dynacor Gold Mines will post 0.24 earnings per share for the current year.

In related news, Senior Officer Jorge Luis Cardenas Cabrera sold 24,000 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of C$2.48, for a total transaction of C$59,416.80. Following the transaction, the insider now directly owns 23,900 shares of the company’s stock, valued at approximately C$59,169.23. In the last quarter, insiders have sold 35,100 shares of company stock valued at $83,595.

Dynacor Gold Mines Company Profile

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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Dividend History for Dynacor Gold Mines (TSE:DNG)

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