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

Dynacor Group Inc. (TSE:DNG – Get Rating) declared a monthly dividend on Thursday, May 25th, Zacks reports. Shareholders of record on Thursday, June 8th will be paid a dividend of 0.01 per share on Friday, June 16th. This represents a $0.12 annualized dividend and a dividend yield of 4.03%. The ex-dividend date of this dividend is Wednesday, June 7th.

Dynacor Group Trading Up 0.3 %

Shares of DNG stock opened at C$2.98 on Friday. The company has a current ratio of 5.25, a quick ratio of 3.50 and a debt-to-equity ratio of 0.82. Dynacor Group has a twelve month low of C$2.50 and a twelve month high of C$3.30. The company has a market capitalization of C$114.52 million, a P/E ratio of 7.84 and a beta of 0.89. The business’s 50 day moving average is C$3.06 and its two-hundred day moving average is C$2.94.

Dynacor Group (TSE:DNG – Get Rating) last posted its quarterly earnings results on Thursday, March 30th. The company reported C$0.12 earnings per share for the quarter. Dynacor Group had a return on equity of 14.21% and a net margin of 5.56%. The firm had revenue of C$64.52 million for the quarter. Equities analysts forecast that Dynacor Group will post 0.43 EPS for the current year.

About Dynacor Group

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Dynacor Group Inc engages in the exploration, development, and mining of minerals properties in Peru. It explores for gold, silver, and copper deposits. The company holds interest in the Tumipampa property covering an area of 7,027 hectares located in Peru. In addition, it holds 100% interest in the greenfield Anta silver/gold/copper exploration project located in Southern Peru.