TSX:DNGMetals and Mining
Dynacor Group (TSX:DNG) Stock Revenue Surge Meets Profit Margin Erosion
Dynacor Group stock closed at CA$5.85 on Wednesday after a choppy week that left shares down over the past month and quarter. The headline from Q2 is not the top line. Revenue printed at about US$144.4m, yet the key story for a gold ore processor is profit quality. Net income fell to roughly US$1.1m and net margin sat near 3.9%, while trailing valuation still screens on a single digit P/E against Canadian mining peers. The short term looks soft. The real question now is how investors weigh...