Dynacor Group Inc. (DNG) to Issue Monthly Dividend of $0.01 on May 16th

Dynacor Group Inc. (TSE:DNG) declared a monthly dividend on Thursday, April 25th, Zacks reports. Stockholders of record on Wednesday, May 8th will be paid a dividend of 0.012 per share on Thursday, May 16th. This represents a $0.14 annualized dividend and a dividend yield of 2.80%. The ex-dividend date is Tuesday, May 7th.

Dynacor Group Trading Up 1.8 %

Shares of DNG opened at C$5.15 on Friday. Dynacor Group has a 52-week low of C$2.88 and a 52-week high of C$5.21. The business’s fifty day moving average is C$4.45 and its 200-day moving average is C$3.98. The company has a debt-to-equity ratio of 0.71, a quick ratio of 3.50 and a current ratio of 3.95. The firm has a market cap of C$188.08 million, a price-to-earnings ratio of 9.72 and a beta of 1.13.

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

Analyst Upgrades and Downgrades

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

Dynacor Group Company Profile

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.