Dynacor Group (TSE:DNG) Insider Buys C$18,870.00 in Stock

Dynacor Group Inc. (TSE:DNG) insider Daniel Misiano bought 3,000 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was bought at an average price of C$6.29 per share, for a total transaction of C$18,870.00. Following the acquisition, the insider directly owned 12,200 shares of the company’s stock, valued at approximately C$76,738. This represents a 32.61% increase in their ownership of the stock.

Dynacor Group Stock Down 2.2%

Shares of DNG stock traded down C$0.15 during trading hours on Wednesday, reaching C$6.59. The company had a trading volume of 86,331 shares, compared to its average volume of 85,968. Dynacor Group Inc. has a 12 month low of C$4.20 and a 12 month high of C$7.08. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.28 and a quick ratio of 3.50. The business has a fifty day simple moving average of C$6.00 and a 200-day simple moving average of C$5.82. The company has a market cap of C$276.44 million, a price-to-earnings ratio of 12.20 and a beta of 0.75.

Dynacor Group (TSE:DNG) last posted its earnings results on Thursday, May 14th. The company reported C$0.24 earnings per share 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. On average, research analysts expect that Dynacor Group Inc. will post 0.43 earnings per share for the current fiscal year.

Dynacor Group Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, May 18th. Investors of record on Monday, May 18th were issued a dividend of $0.0133 per share. This represents a c) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Monday, May 11th. Dynacor Group’s dividend payout ratio (DPR) is 21.48%.

About Dynacor Group

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.