Dynacor Group (TSE:DNG) Hits New 12-Month High – Here’s What Happened

by · The Cerbat Gem

Dynacor Group Inc. (TSE:DNG – Get Free Report) reached a new 52-week high on Monday . The stock traded as high as C$6.34 and last traded at C$6.30, with a volume of 117644 shares changing hands. The stock had previously closed at C$6.15.

Dynacor Group Price Performance

The company has a 50-day moving average of C$5.06 and a 200 day moving average of C$4.80. The company has a quick ratio of 3.50, a current ratio of 4.36 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of C$264.83 million, a PE ratio of 17.08 and a beta of 0.39.

Dynacor Group (TSE:DNG – Get Free Report) last announced its quarterly earnings data on Thursday, November 13th. The company reported C$0.12 earnings per share for the quarter. Dynacor Group had a return on equity of 20.08% and a net margin of 6.76%.The company had revenue of C$139.96 million for the quarter. Sell-side analysts predict that Dynacor Group Inc. will post 0.43 EPS for the current year.

Dynacor Group Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 19th were paid a dividend of $0.0133 per share. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Tuesday, December 9th. Dynacor Group’s dividend payout ratio is currently 30.19%.

Dynacor Group Company Profile

(Get Free Report)

Dynacor Group is an industrial 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.

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