Dynacor Group FY2024 EPS Forecast Raised by Atrium Research

Dynacor Group Inc. (TSE:DNG) – Equities research analysts at Atrium Research boosted their FY2024 earnings estimates for Dynacor Group in a research report issued on Monday, March 3rd. Atrium Research analyst B. Pirie now anticipates that the company will post earnings per share of $0.70 for the year, up from their previous estimate of $0.68. The consensus estimate for Dynacor Group’s current full-year earnings is $0.43 per share.

Dynacor Group Stock Performance

TSE:DNG opened at C$5.48 on Wednesday. Dynacor Group has a 1-year low of C$4.00 and a 1-year high of C$6.25. The company’s 50-day moving average is C$5.76 and its two-hundred day moving average is C$5.60. The firm has a market capitalization of C$162.05 million, a price-to-earnings ratio of 7.69 and a beta of 1.09. The company has a debt-to-equity ratio of 0.59, a current ratio of 4.36 and a quick ratio of 3.50.

Insider Buying and Selling at Dynacor Group

In other Dynacor Group news, Senior Officer Daniel Misiano acquired 5,000 shares of the stock in a transaction dated Thursday, February 6th. The stock was acquired at an average price of C$5.50 per share, with a total value of C$27,500.00. 18.59% of the stock is owned by corporate insiders.

Dynacor Group Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 19th will be issued a $0.0133 dividend. The ex-dividend date is Monday, March 10th. This represents a $0.16 annualized dividend and a yield of 2.91%. Dynacor Group’s dividend payout ratio (DPR) is presently 19.64%.

Dynacor Group Company Profile

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.