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

Dynacor Group Inc. (TSE:DNG) declared a monthly dividend on Thursday, September 26th, Zacks reports. Stockholders of record on Thursday, October 10th will be given a dividend of 0.012 per share on Thursday, October 17th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date is Thursday, October 10th.

Dynacor Group Stock Down 4.5 %

TSE:DNG opened at C$5.13 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 4.66 and a quick ratio of 3.50. Dynacor Group has a 1-year low of C$3.01 and a 1-year high of C$5.75. The company has a 50-day moving average of C$5.15 and a 200 day moving average of C$5.13. The firm has a market cap of C$186.58 million, a PE ratio of 9.16 and a beta of 1.10.

Dynacor Group (TSE:DNG) last released its quarterly earnings data on Wednesday, August 14th. The company reported C$0.16 earnings per share (EPS) for the quarter. The firm had revenue of C$92.26 million for the quarter, compared to the consensus estimate of C$90.31 million. Dynacor Group had a net margin of 5.83% and a return on equity of 16.93%. As a group, research analysts anticipate that Dynacor Group will post 0.43 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Singular Research raised Dynacor Group to a “strong-buy” rating in a research report on Sunday, June 16th.

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.