Professional
Added to YB: 2026-08-18
Pitch date: 2026-08-14
DNG.TO [bullish]
Dynacor Group Inc.
-2.46%
current return
Author Info
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Company Info
Dynacor Group Inc. engages in the exploration, development, and mining of minerals properties in Peru.
Market Cap
CAD 181.4M
Pitch Price
CAD 6.10
Price Target
9.50 (+60%)
Dividend
2.66%
EV/EBITDA
3.83
P/E
8.00
EV/Sales
0.32
Sector
Metals and Mining
Category
growth
Dynacor Group – Rare Miss on Profitability; Strong Buying Opportunity
DNG.TO (earnings): Q2 rev $144.4M (+81% YoY) beat $128.1M est on record 48.3Kt throughput, but rare margin miss: EBITDA $3.2M vs $10M est, NI $1.1M as gold fell $700/oz + inventory drag. Mgmt reaffirmed 2026 guide, expects H2 normalization. Senegal first ore on schedule (Q3 gold pour), Ecuador Q4 restart. BUY, C$9.50 PT (44% upside) at 6x 2027E OCF. $14.8M cash, negligible debt, 2.4% div. Risk: ~$24.8M Peru SUNAT tax exposure.
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