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Dynacor Gold Mines ( (TSE:DNG) ) has provided an update.
Dynacor Group Inc. has announced its March 2025 dividend payment of C$0.01333 per common share, marking its sixtieth overall and fiftieth monthly dividend. This decision reflects the company’s commitment to returning value to shareholders while considering its financial results and future prospects. The dividend is classified as an ‘eligible dividend’ for Canadian tax purposes, and its continuation is subject to the board’s discretion based on various financial factors.
More about Dynacor Gold Mines
Dynacor Group is an industrial ore processing company focused on producing gold sourced from artisanal miners. Established in 1996, the company has developed a responsible mineral supply chain with rigorous traceability and audit standards, benefiting both governments and miners globally. Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru, with plans to expand into West Africa and Latin America. Their PX Impact® gold, favored by luxury jewelers, supports the Fidamar Foundation, which invests in health and education projects for mining communities in Peru.
YTD Price Performance: -4.00%
Average Trading Volume: 4,345
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $163.4M
For an in-depth examination of DNG stock, go to TipRanks’ Stock Analysis page.