Dynacor Group Inc. (TSE:DNG) Shareholders to Collect $0.01 Monthly Dividend

Dynacor Group Inc. (TSE:DNG) declared a monthly dividend on Monday, November 9th. Stockholders of record on Tuesday, November 17th will be given a dividend of $0.0133 per share on Tuesday, November 17th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Monday, November 9th.

Dynacor Group Price Performance

Shares of TSE:DNG opened at C$5.37 on Friday. The firm’s 50 day moving average price is C$5.32 and its 200-day moving average price is C$5.96. Dynacor Group has a twelve month low of C$4.24 and a twelve month high of C$7.08. The company has a quick ratio of 3.50, a current ratio of 3.60 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of C$225.27 million, a PE ratio of 10.96 and a beta of 1.07.

Dynacor Group (TSE:DNG) last posted its earnings results on Thursday, August 13th. The company reported C$0.04 EPS for the quarter. The firm had revenue of C$205.19 million for the quarter. Dynacor Group had a return on equity of 15.46% and a net margin of 3.96%. Equities research analysts expect that Dynacor Group will post 0.43 EPS for the current year.

Dynacor Group Company Profile

Dynacor Group is an 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 . The company is expanding to West Africa and within Latin America .