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

Dynacor Group Inc. (TSE:DNG) declared a monthly dividend on Thursday, June 27th, Zacks reports. Stockholders of record on Wednesday, July 10th will be given a dividend of 0.012 per share on Thursday, July 18th. This represents a $0.14 annualized dividend and a dividend yield of 2.74%. The ex-dividend date is Wednesday, July 10th.

Dynacor Group Stock Performance

Shares of DNG opened at C$5.25 on Friday. Dynacor Group has a one year low of C$2.95 and a one year high of C$5.70. The firm has a market capitalization of C$191.99 million, a P/E ratio of 9.38 and a beta of 1.12. The company has a debt-to-equity ratio of 0.66, a current ratio of 4.30 and a quick ratio of 3.50. The business has a fifty day moving average of C$5.36 and a 200 day moving average of C$4.58.

Dynacor Group (TSE:DNG) last released its quarterly earnings results on Wednesday, May 15th. The company reported C$0.17 earnings per share for the quarter. The business had revenue of C$91.31 million for the quarter, compared to the consensus estimate of C$66.50 million. Dynacor Group had a net margin of 5.89% and a return on equity of 17.62%. As a group, sell-side analysts anticipate that Dynacor Group will post 0.43 EPS for the current year.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Singular Research raised Dynacor Group to a “strong-buy” rating in a research note on Sunday, June 16th. Atrium Research reaffirmed a “buy” rating on shares of Dynacor Group in a report on Wednesday, April 3rd.

Dynacor Group Company Profile

Dynacor Group Inc engages in the exploration, development, and mining of minerals properties in Peru. The company explores for gold, silver, copper, and other precious metal deposits. Its flagship property is the Tumipampa project covering an area of 5,796 hectares located in the Circa district, Peru.