Dynacor Group (TSE:DNG) Announces Quarterly Earnings Results

Dynacor Group (TSE:DNG) announced its quarterly earnings data on Tuesday. The company reported C$0.12 earnings per share for the quarter, reports. Dynacor Group had a return on equity of 17.97% and a net margin of 6.46%. The business had revenue of C$89.25 million during the quarter.

Dynacor Group Trading Up 8.3 %

TSE:DNG opened at C$4.45 on Thursday. The company has a debt-to-equity ratio of 0.73, a current ratio of 5.07 and a quick ratio of 3.50. Dynacor Group has a 1 year low of C$2.88 and a 1 year high of C$4.48. The company has a market cap of C$162.56 million, a P/E ratio of 8.73 and a beta of 1.13. The stock’s fifty day moving average price is C$4.02 and its two-hundred day moving average price is C$3.69.

Dynacor Group Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, March 19th. Shareholders of record on Friday, March 8th were given a dividend of $0.012 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.14 annualized dividend and a dividend yield of 3.24%. Dynacor Group’s dividend payout ratio is currently 27.45%.

Dynacor Group Company Profile

Dynacor Group Inc engages in the exploration, development, and mining of minerals properties in Peru. It explores for gold, silver, copper, and other precious metals deposits. The company holds interest in the Tumipampa property covering an area of 7,696 hectares located in Peru. It also holds a 100% interest in the greenfield Anta project that includes eight concessions covering an area of 5,600 hectares situated in Southern Peru.