Dynacor Group (TSE:DNG) Posts Earnings Results

Dynacor Group (TSE:DNG – Get Free Report) announced its earnings results on Wednesday. The company reported C$0.10 earnings per share (EPS) for the quarter, FiscalAI reports. Dynacor Group had a net margin of 3.96% and a return on equity of 15.46%. The company had revenue of C$212.95 million during the quarter.

Dynacor Group Trading Up 1.1%

Shares of DNG stock opened at C$5.53 on Friday. Dynacor Group has a 1 year low of C$4.24 and a 1 year high of C$7.08. The firm has a fifty day moving average price of C$5.30 and a 200-day moving average price of C$5.94. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.60 and a quick ratio of 3.50. The company has a market cap of C$231.98 million, a price-to-earnings ratio of 11.29 and a beta of 1.07.

Dynacor Group Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, November 17th. Stockholders of record on Tuesday, November 17th will be given a dividend of $0.0133 per share. The ex-dividend date of this dividend is Monday, November 9th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.9%. Dynacor Group’s payout ratio is presently 23.57%.

About Dynacor Group

(Get Free Report)

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 .

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Earnings History for Dynacor Group (TSE:DNG)

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