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

Dynacor Group Inc. (TSE:DNG) insider Daniel Misiano acquired 3,000 shares of the company’s stock in a transaction on Friday, May 29th. The shares were purchased at an average cost of C$6.29 per share, with a total value of C$18,870.00. Following the completion of the acquisition, the insider directly owned 12,200 shares in the company, valued at approximately C$76,738. The trade was a 32.61% increase in their position.

Dynacor Group Stock Performance

Shares of TSE:DNG opened at C$6.56 on Friday. The stock has a market capitalization of C$275.19 million, a P/E ratio of 12.15 and a beta of 0.74. Dynacor Group Inc. has a 1-year low of C$4.20 and a 1-year high of C$7.08. The company has a current ratio of 4.28, a quick ratio of 3.50 and a debt-to-equity ratio of 0.36. The business has a 50-day moving average price of C$6.11 and a two-hundred day moving average price of C$5.87.

Dynacor Group (TSE:DNG) last announced its quarterly earnings data on Thursday, May 14th. The company reported C$0.24 earnings per share for the quarter. The firm had revenue of C$214.23 million during the quarter. Dynacor Group had a return on equity of 17.72% and a net margin of 4.98%. Equities analysts predict that Dynacor Group Inc. will post 0.43 earnings per share for the current year.

Dynacor Group Announces Dividend

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

Dynacor Group Company Profile

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.