Key Points
- Insider buying: Dynacor Group insider Daniel Misiano purchased 3,000 shares at C$6.29 each, spending a total of C$18,870. The trade increased his holdings by 32.61% to 12,200 shares.
- Recent financial results: The company reported quarterly EPS of C$0.24 on revenue of C$214.23 million, with a return on equity of 17.72% and a net margin of 4.98%. Analysts expect full-year EPS of 0.43.
- Dividend and stock metrics: Dynacor recently paid a monthly dividend of C$0.0133 per share, implying a 2.4% annualized yield and a payout ratio of 21.48%. The stock opened at C$6.60, near its 52-week high of C$7.08, with a market cap of C$276.86 million.
Dynacor Group Inc. (TSE:DNG - Get Free Report) insider Daniel Misiano acquired 3,000 shares of the company's stock in a transaction on Friday, May 29th. The shares were acquired at an average price of C$6.29 per share, for a total transaction of C$18,870.00. Following the completion of the acquisition, the insider directly owned 12,200 shares in the company, valued at C$76,738. The trade was a 32.61% increase in their ownership of the stock.
Dynacor Group Price Performance
DNG stock opened at C$6.60 on Thursday. The company has a quick ratio of 3.50, a current ratio of 4.28 and a debt-to-equity ratio of 0.36. Dynacor Group Inc. has a 52-week low of C$4.20 and a 52-week high of C$7.08. The stock's 50 day moving average is C$6.06 and its two-hundred day moving average is C$5.85. The company has a market capitalization of C$276.86 million, a PE ratio of 12.22 and a beta of 0.75.
Dynacor Group (TSE:DNG - Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported C$0.24 earnings per share (EPS) for the quarter. Dynacor Group had a return on equity of 17.72% and a net margin of 4.98%.The company had revenue of C$214.23 million for the quarter. Analysts predict that Dynacor Group Inc. will post 0.43 earnings per share for the current fiscal year.
Dynacor Group Dividend Announcement
The firm also recently disclosed a monthly dividend, which was paid on Monday, May 18th. Shareholders of record on Monday, May 18th were issued a dividend of $0.0133 per share. The ex-dividend date was Monday, May 11th. This represents a c) annualized dividend and a yield of 2.4%. Dynacor Group's payout ratio is currently 21.48%.
Dynacor Group Company Profile
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Dynacor Group is an industrial ore processing company dedicated to producing gold sourced from artisanal miners. Since its establishment in 1996, Dynacor has pioneered a responsible mineral supply chain with stringent traceability and audit standards for the fast-growing artisanal mining industry. By focusing on formalized miners, the Canadian company offers a win-win approach for governments and miners globally. Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru.
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