Dynacor Group Inc. Declares Monthly Dividend of $0.01

Dynacor Group Inc. (TSE:DNG) has announced a monthly dividend, as reported on February 10th. This dividend will be paid to shareholders on record as of February 18th, with each share receiving a payment of $0.0133.

The total annualized dividend amounts to $0.16, resulting in a yield of 2.93%. Notably, the ex-dividend date for this announcement is also set for February 10th.

Dynacor Group's Stock Performance Overview

On the stock market, Dynacor Group opened at C$5.44 on the previous Friday. The company boasts a market cap of approximately C$197.85 million, and its price-to-earnings ratio stands at 9.71. Additionally, Dynacor has a beta of 1.09, indicating its volatility in relation to the market.

As for its moving averages, the fifty-day simple moving average is C$5.88, while the two-hundred day moving average sits at C$5.55. The firm maintains strong liquidity with a quick ratio of 3.50 and a current ratio of 4.66. Furthermore, its debt-to-equity ratio is relatively low at 0.62. Investors should note that the company has recorded a 52-week low of C$3.92 and a high of C$6.25.

About Dynacor Group

Dynacor Group Inc. specializes in the exploration, development, and mining of mineral properties, primarily in Peru. The company is focused on finding deposits of gold, silver, copper, and other precious metals. Its flagship asset is the Tumipampa project, which spans 5,796 hectares in the Circa district of Peru.

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