Atrium Research Raises Earnings Estimates for Dynacor Group

Dynacor Group Inc. (TSE:DNG) – Analysts at Atrium Research upped their FY2024 earnings per share (EPS) estimates for Dynacor Group in a research report issued on Thursday, November 14th. Atrium Research analyst B. Pirie now anticipates that the company will post earnings per share of $0.68 for the year, up from their prior estimate of $0.59. The consensus estimate for Dynacor Group’s current full-year earnings is $0.43 per share.

Dynacor Group (TSE:DNG) last posted its quarterly earnings data on Wednesday, August 14th. The company reported C$0.16 earnings per share for the quarter. Dynacor Group had a return on equity of 16.93% and a net margin of 5.83%. The firm had revenue of C$92.26 million for the quarter, compared to analysts’ expectations of C$90.31 million.

Dynacor Group Price Performance

Shares of DNG opened at C$5.52 on Friday. Dynacor Group has a 1 year low of C$3.28 and a 1 year high of C$6.01. The company has a debt-to-equity ratio of 0.62, a current ratio of 4.66 and a quick ratio of 3.50. The business has a 50-day moving average of C$5.46 and a 200-day moving average of C$5.36. The company has a market capitalization of C$200.76 million, a price-to-earnings ratio of 9.86 and a beta of 1.09.

Dynacor Group Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, November 19th. Investors of record on Friday, November 8th will be paid a dividend of $0.012 per share. This represents a $0.14 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date is Friday, November 8th. Dynacor Group’s dividend payout ratio (DPR) is currently 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.