Dynacor Group Inc. (TSE:DNG) Director Réjean Gourde Buys 5,000 Shares

Dynacor Group Inc. (TSE:DNG) Director Réjean Gourde purchased 5,000 shares of the stock in a transaction that occurred on Monday, April 7th. The stock was bought at an average price of C$4.34 per share, with a total value of C$21,700.00.

Dynacor Group Stock Up 6.5 %

TSE:DNG opened at C$4.42 on Thursday. Dynacor Group Inc. has a twelve month low of C$4.00 and a twelve month high of C$6.25. The company has a market cap of C$130.71 million, a price-to-earnings ratio of 6.20 and a beta of 1.09. The stock has a fifty day simple moving average of C$5.22 and a 200-day simple moving average of C$5.57. The company has a current ratio of 4.36, a quick ratio of 3.50 and a debt-to-equity ratio of 0.59.

Dynacor Group Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, April 17th will be issued a $0.0133 dividend. The ex-dividend date is Thursday, April 10th. This represents a $0.16 annualized dividend and a dividend yield of 3.61%. Dynacor Group’s payout ratio is currently 19.64%.

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.