FY2024 EPS Estimates for Dynacor Group Boosted by Analyst

Dynacor Group Inc. (TSE:DNG - Free Report) - Equities researchers at Atrium Research raised their FY2024 earnings estimates for shares of Dynacor Group in a research report issued on Monday, March 3rd. Atrium Research analyst B. Pirie now expects that the company will post earnings per share of $0.70 for the year, up from their previous estimate of $0.68. The consensus estimate for Dynacor Group's current full-year earnings is $0.43 per share.

Dynacor Group Trading Up 0.6 %

DNG stock traded up C$0.03 during trading on Wednesday, reaching C$5.42. The company had a trading volume of 95,376 shares, compared to its average volume of 85,269. The company has a debt-to-equity ratio of 0.59, a current ratio of 4.36 and a quick ratio of 3.50. Dynacor Group has a 52 week low of C$4.00 and a 52 week high of C$6.25. The business has a 50 day moving average of C$5.75 and a 200 day moving average of C$5.61. The company has a market cap of C$160.28 million, a P/E ratio of 7.60 and a beta of 1.09.

Dynacor Group Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 19th will be given a $0.0133 dividend. This represents a $0.16 annualized dividend and a dividend yield of 2.94%. The ex-dividend date is Monday, March 10th. Dynacor Group's dividend payout ratio is currently 19.64%.

Insider Activity

In other Dynacor Group news, Senior Officer Daniel Misiano bought 5,000 shares of Dynacor Group stock in a transaction dated Thursday, February 6th. The shares were purchased at an average cost of C$5.50 per share, with a total value of C$27,500.00. 18.59% of the stock is currently owned by company insiders.

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About Dynacor Group

Dynacor, with 27 years of experience, is a Canadian-based dividend-paying industrial gold ore processor. The corporation is engaged in gold production by processing ore purchased from the ASM (artisanal and small-scale mining) industry. Dynacor operates in Peru, where its management and processing teams have decades of experience working with ASM miners.