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

Dynacor Group Inc. (TSE:DNG) declared a monthly dividend on Thursday, September 26th, Zacks reports. Shareholders 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 yield of 2.68%. The ex-dividend date of this dividend is Thursday, October 10th.

Dynacor Group Stock Performance

Dynacor Group stock opened at C$5.37 on Friday. 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 has a 1 year low of C$3.01 and a 1 year high of C$5.75. The company has a market cap of C$195.31 million, a PE ratio of 9.59 and a beta of 1.10. The company’s 50-day moving average is C$5.15 and its two-hundred day moving average is C$5.13.

Dynacor Group (TSE:DNG) last announced its quarterly earnings results on Wednesday, August 14th. The company reported C$0.16 earnings per share for the quarter. The business 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%. Equities analysts anticipate that Dynacor Group will post 0.43 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Singular Research upgraded shares of Dynacor Group to a “strong-buy” rating in a 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.