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DNG

Dynacor Group TSX:DNG Stock Report

Last Price

CA$2.69

Market Cap

CA$104.2m

7D

-9.7%

1Y

-3.2%

Updated

26 Sep, 2022

Data

Company Financials
DNG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends3/6

DNG Stock Overview

Dynacor Group Inc. engages in the exploration, development, and mining of minerals properties in Peru.

Dynacor Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Dynacor Group
Historical stock prices
Current Share PriceCA$2.69
52 Week HighCA$3.50
52 Week LowCA$2.51
Beta0.96
1 Month Change-11.80%
3 Month Change-14.60%
1 Year Change-3.24%
3 Year Change49.44%
5 Year Change36.55%
Change since IPO326.98%

Recent News & Updates

Sep 03
Dynacor Group (TSE:DNG) Is Due To Pay A Dividend Of $0.0083

Dynacor Group (TSE:DNG) Is Due To Pay A Dividend Of $0.0083

Dynacor Group Inc.'s ( TSE:DNG ) investors are due to receive a payment of $0.0083 per share on 19th of September...

Jul 30
Dynacor Group (TSE:DNG) Has Affirmed Its Dividend Of $0.0083

Dynacor Group (TSE:DNG) Has Affirmed Its Dividend Of $0.0083

Dynacor Group Inc. ( TSE:DNG ) will pay a dividend of $0.0083 on the 19th of August. This makes the dividend yield...

Shareholder Returns

DNGCA Metals and MiningCA Market
7D-9.7%-8.2%-6.4%
1Y-3.2%-17.2%-8.4%

Return vs Industry: DNG exceeded the Canadian Metals and Mining industry which returned -15.5% over the past year.

Return vs Market: DNG exceeded the Canadian Market which returned -7.3% over the past year.

Price Volatility

Is DNG's price volatile compared to industry and market?
DNG volatility
DNG Average Weekly Movement5.1%
Metals and Mining Industry Average Movement11.4%
Market Average Movement9.9%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.8%

Stable Share Price: DNG is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: DNG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006440John Martineauhttps://www.dynacor.com

Dynacor Group Inc. engages in the exploration, development, and mining of minerals properties in Peru. It explores for gold, silver, and copper deposits. The company holds interest in the Tumipampa property covering an area of 7,027 hectares located in Peru.

Dynacor Group Fundamentals Summary

How do Dynacor Group's earnings and revenue compare to its market cap?
DNG fundamental statistics
Market CapCA$104.15m
Earnings (TTM)CA$20.85m
Revenue (TTM)CA$296.36m

5.0x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DNG income statement (TTM)
RevenueUS$216.24m
Cost of RevenueUS$187.20m
Gross ProfitUS$29.05m
Other ExpensesUS$13.83m
EarningsUS$15.21m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.39
Gross Margin13.43%
Net Profit Margin7.03%
Debt/Equity Ratio0%

How did DNG perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

18%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is DNG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DNG?

Other financial metrics that can be useful for relative valuation.

DNG key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.2x
Enterprise Value/EBITDA1.7x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does DNG's PE Ratio compare to its peers?

DNG PE Ratio vs Peers
The above table shows the PE ratio for DNG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average5.7x
MND Mandalay Resources
2.9x10.5%CA$149.4m
JAG Jaguar Mining
5.2xn/aCA$203.6m
RBX Robex Resources
10xn/aCA$171.3m
MJS Majestic Gold
4.8xn/aCA$52.1m
DNG Dynacor Group
5xn/aCA$104.2m

Price-To-Earnings vs Peers: DNG is good value based on its Price-To-Earnings Ratio (5x) compared to the peer average (5.7x).


Price to Earnings Ratio vs Industry

How does DNG's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

Price-To-Earnings vs Industry: DNG is good value based on its Price-To-Earnings Ratio (5x) compared to the Canadian Metals and Mining industry average (9.1x)


Price to Earnings Ratio vs Fair Ratio

What is DNG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DNG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DNG's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of DNG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DNG (CA$2.69) is trading below our estimate of fair value (CA$58.04)

Significantly Below Fair Value: DNG is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Dynacor Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


13.5%

Forecasted Materials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Dynacor Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Examine whether Dynacor Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Dynacor Group competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Dynacor Group performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


28.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: DNG has high quality earnings.

Growing Profit Margin: DNG's current net profit margins (7%) are higher than last year (4.7%).


Past Earnings Growth Analysis

Earnings Trend: DNG's earnings have grown significantly by 28.1% per year over the past 5 years.

Accelerating Growth: DNG's earnings growth over the past year (120.4%) exceeds its 5-year average (28.1% per year).

Earnings vs Industry: DNG earnings growth over the past year (120.4%) exceeded the Metals and Mining industry -8.3%.


Return on Equity

High ROE: DNG's Return on Equity (19.4%) is considered low.


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Financial Health

How is Dynacor Group's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: DNG's short term assets ($53.3M) exceed its short term liabilities ($11.7M).

Long Term Liabilities: DNG's short term assets ($53.3M) exceed its long term liabilities ($4.6M).


Debt to Equity History and Analysis

Debt Level: DNG is debt free.

Reducing Debt: DNG has no debt compared to 5 years ago when its debt to equity ratio was 12%.

Debt Coverage: DNG has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: DNG has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Dynacor Group current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.70%

Current Dividend Yield

Dividend Yield vs Market

Dynacor Group Dividend Yield vs Market
How does Dynacor Group dividend yield compare to the market?
SegmentDividend Yield
Company (Dynacor Group)3.7%
Market Bottom 25% (CA)2.1%
Market Top 25% (CA)6.1%
Industry Average (Metals and Mining)2.9%
Analyst forecast in 3 Years (Dynacor Group)n/a

Notable Dividend: DNG's dividend (3.7%) is higher than the bottom 25% of dividend payers in the Canadian market (2.05%).

High Dividend: DNG's dividend (3.7%) is low compared to the top 25% of dividend payers in the Canadian market (5.95%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, DNG has been paying a dividend for less than 10 years.

Growing Dividend: DNG's dividend payments have increased, but the company has only paid a dividend for 4 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (17.8%), DNG's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (12%), DNG's dividend payments are thoroughly covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

10.8yrs

Average management tenure


CEO

John Martineau (72 yo)

14.92yrs

Tenure

US$440,229

Compensation

Mr. Jean E. Martineau, also known as John, has been a Director of Argex Titanium Inc. since June 27, 2018. He served as Member of Advisory Board at TomaGold Corporation until September 1, 2020. He has been...


CEO Compensation Analysis

John Martineau's Compensation vs Dynacor Group Earnings
How has John Martineau's remuneration changed compared to Dynacor Group's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

US$15m

Mar 31 2022n/an/a

US$15m

Dec 31 2021US$440kUS$280k

US$12m

Sep 30 2021n/an/a

US$9m

Jun 30 2021n/an/a

US$7m

Mar 31 2021n/an/a

US$4m

Dec 31 2020US$311kUS$269k

US$4m

Sep 30 2020n/an/a

US$4m

Jun 30 2020n/an/a

US$5m

Mar 31 2020n/an/a

US$6m

Dec 31 2019US$350kUS$264k

US$5m

Sep 30 2019n/an/a

US$6m

Jun 30 2019n/an/a

US$4m

Mar 31 2019n/an/a

US$4m

Dec 31 2018US$316kUS$246k

US$5m

Sep 30 2018n/an/a

US$5m

Jun 30 2018n/an/a

US$5m

Mar 31 2018n/an/a

US$5m

Dec 31 2017US$353kUS$259k

US$4m

Sep 30 2017n/an/a

US$3m

Jun 30 2017n/an/a

US$3m

Mar 31 2017n/an/a

US$4m

Dec 31 2016US$260kUS$223k

US$3m

Sep 30 2016n/an/a

US$3m

Jun 30 2016n/an/a

US$3m

Mar 31 2016n/an/a

US$3m

Dec 31 2015US$313kUS$180k

US$3m

Compensation vs Market: John's total compensation ($USD440.23K) is above average for companies of similar size in the Canadian market ($USD179.12K).

Compensation vs Earnings: John's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: DNG's management team is seasoned and experienced (10.8 years average tenure).


Board Members

Experienced Board: DNG's board of directors are considered experienced (4.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

TSX:DNG Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
24 Jan 22BuyCA$118,359Pierre LepineIndividual39,200CA$3.09
19 Jan 22SellCA$11,780Roger DemersIndividual3,800CA$3.10

Ownership Breakdown

What is the ownership structure of DNG?
Owner TypeNumber of SharesOwnership Percentage
Institutions564,8761.5%
Private Companies850,1752.2%
Individual Insiders2,025,3105.2%
Hedge Funds5,067,23813.1%
General Public30,211,34378.0%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 16 shareholders own 21.97% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
13.09%
Red Oak Partners, LLC
5,067,238$13.6m0%67.91%
2.43%
Jean Martineau
940,846$2.5m0%no data
2.2%
Px Précinox S.A.
850,175$2.3m0%no data
1.03%
Advisory Invest Gmbh
400,000$1.1m0%1.6%
0.85%
Leonard Teoli
330,505$889.1k10.83%no data
0.42%
Pierre Lepine
162,700$437.7k0%no data
0.42%
René Branchaud
162,105$436.1k0%no data
0.31%
Roger Demers
121,529$326.9k0%no data
0.26%
Russell Investment Management, LLC
99,773$268.4k0%no data
0.23%
Philippe Chave
90,000$242.1k0%no data
0.17%
Dimensional Fund Advisors LP
65,103$175.1k0.01%no data
0.17%
Rejean Gourde
65,000$174.9k30%no data
0.14%
Jorge Cardenas
53,900$145.0k0%no data
0.13%
Isabel Rocha
48,725$131.1k44.48%no data
0.065%
Maria del Rodriguez Espinoza
25,000$67.3k0%no data
0.065%
Rocio Rodriguez-Perrot
25,000$67.3k0%no data

Company Information

Dynacor Group Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Dynacor Group Inc.
  • Ticker: DNG
  • Exchange: TSX
  • Founded: 2006
  • Industry: Gold
  • Sector: Materials
  • Implied Market Cap: CA$104.154m
  • Shares outstanding: 38.72m
  • Website: https://www.dynacor.com

Number of Employees


Location

  • Dynacor Group Inc.
  • 625 RenE-LEvesque Blvd West
  • Suite 1200
  • Montreal
  • Quebec
  • H3B 1R2
  • Canada


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DNGTSX (The Toronto Stock Exchange)YesCommon SharesCACADOct 2007
OA5DB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2007
DNGD.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2007

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/26 00:00
End of Day Share Price2022/09/26 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.