Atrium Research Predicts Stronger Earnings for Dynacor Group

Dynacor Group Inc. (TSE:DNG) – Equities researchers at Atrium Research increased their FY2024 EPS estimates for Dynacor Group in a report issued on Thursday, November 14th. Atrium Research analyst B. Pirie now expects that the company will post earnings of $0.68 per share for the year, up from their prior estimate of $0.59. The consensus estimate for Dynacor Group’s current full-year earnings is $0.43 per share.

Dynacor Group (TSE:DNG) last posted its quarterly earnings data on Wednesday, August 14th. The company reported C$0.16 earnings per share (EPS) for the quarter. Dynacor Group had a return on equity of 16.93% and a net margin of 5.83%. The business had revenue of C$92.26 million during the quarter, compared to the consensus estimate of C$90.31 million.

Dynacor Group Stock Down 2.1 %

Shares of TSE:DNG opened at C$5.52 on Friday. Dynacor Group has a 12-month low of C$3.28 and a 12-month high of C$6.01. The stock has a fifty day simple moving average of C$5.46 and a two-hundred day simple moving average of C$5.36. The stock has a market capitalization of C$200.76 million, a price-to-earnings ratio of 9.86 and a beta of 1.09. The company has a current ratio of 4.66, a quick ratio of 3.50 and a debt-to-equity ratio of 0.62.

Dynacor Group Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, November 19th. Investors of record on Friday, November 8th will be given a dividend of $0.012 per share. This represents a $0.14 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date of this dividend is Friday, November 8th. Dynacor Group’s dividend payout ratio (DPR) is presently 25.00%.

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.