Dynacor Group (TSE:DNG) Releases Earnings Results

Dynacor Group (TSE:DNG) announced its quarterly earnings data on Thursday. The company reported C$0.04 earnings per share for the quarter, FiscalAI reports. The business had revenue of C$205.19 million during the quarter. Dynacor Group had a net margin of 4.98% and a return on equity of 17.72%.

Dynacor Group Price Performance

Shares of Dynacor Group stock opened at C$6.61 on Friday. The company has a current ratio of 4.28, a quick ratio of 3.50 and a debt-to-equity ratio of 0.36. The business’s 50 day simple moving average is C$6.29 and its 200-day simple moving average is C$6.17. The stock has a market capitalization of C$277.28 million, a price-to-earnings ratio of 12.24 and a beta of 0.78. Dynacor Group has a twelve month low of C$4.20 and a twelve month high of C$7.08.

Dynacor Group Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 17th will be issued a dividend of $0.0133 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a c) annualized dividend and a dividend yield of 2.4%. Dynacor Group’s dividend payout ratio is 21.48%.

Dynacor Group Company Profile

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.