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

Dynacor Group Inc. (TSE:DNG) announced a monthly dividend on Wednesday, July 10th, Zacks reports. Investors of record on Thursday, July 18th will be given a dividend of 0.012 per share on Thursday, July 18th. This represents a $0.14 annualized dividend and a yield of 2.69%. The ex-dividend date of this dividend is Wednesday, July 10th.

Dynacor Group Stock Performance

Shares of DNG stock opened at C$5.35 on Tuesday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 3.50 and a current ratio of 4.30. The stock has a market capitalization of C$195.65 million, a price-to-earnings ratio of 9.55 and a beta of 1.12. Dynacor Group has a one year low of C$2.96 and a one year high of C$5.70. The company’s 50-day simple moving average is C$5.39 and its 200-day simple moving average is C$4.65.

Dynacor Group (TSE:DNG) last issued its earnings results on Wednesday, May 15th. The company reported C$0.17 EPS for the quarter. Dynacor Group had a return on equity of 17.62% and a net margin of 5.89%. The company had revenue of C$91.31 million during the quarter, compared to analyst estimates of C$66.50 million. Equities analysts anticipate that Dynacor Group will post 0.43 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have commented on DNG shares. Singular Research raised shares of Dynacor Group to a “strong-buy” rating in a research note on Sunday, June 16th. Atrium Research reissued a “buy” rating on shares of Dynacor Group in a research note on Wednesday, April 3rd.

About Dynacor Group

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.