Dynacor Group (TSE:DNG) Upgraded to Strong-Buy at Singular Research

Singular Research upgraded shares of Dynacor Group (TSE:DNG) to a strong-buy rating in a report released on Sunday morning, Zacks.com reports.

Separately, Atrium Research reiterated a buy rating on shares of Dynacor Group in a report on Wednesday, April 3rd.

Dynacor Group Trading Down 1.5 %

Shares of DNG stock opened at C$5.35 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 3.50 and a current ratio of 4.30. The stock has a market capitalization of C$195.65 million, a P/E ratio of 9.55 and a beta of 1.12. The company has a 50 day moving average price of C$5.32 and a 200 day moving average price of C$4.52. Dynacor Group has a fifty-two week low of C$2.88 and a fifty-two week high of C$5.70.

Dynacor Group (TSE:DNG) last announced its quarterly earnings data on Wednesday, May 15th. The company reported C$0.17 earnings per share for the quarter. The firm had revenue of C$91.31 million during the quarter, compared to analysts’ expectations of C$66.50 million. Dynacor Group had a net margin of 5.89% and a return on equity of 17.62%. Equities research analysts predict that Dynacor Group will post 0.43 EPS for the current fiscal year.

Dynacor Group Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, June 18th. Shareholders of record on Friday, June 7th were issued a dividend of $0.012 per share. This represents a $0.14 annualized dividend and a yield of 2.69%. The ex-dividend date was Friday, June 7th. Dynacor Group’s dividend payout ratio (DPR) is presently 25.00%.

About Dynacor Group

Dynacor Group Inc engages in the exploration, development, and mining of minerals properties in Peru. The company explores for gold, silver, copper, and other precious metal deposits. Its flagship property is the Tumipampa project covering an area of 5,796 hectares located in the Circa district, Peru.