Added to YB: 2024-04-04
Pitch date: 2024-04-03
DNG.TO [bullish]
Dynacor Group Inc.
+37.59%
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 188.5M
Pitch Price
CAD 4.72
Price Target
6.50
Dividend
2.62%
EV/EBITDA
6.19
P/E
11.93
EV/Sales
0.46
Sector
Metals and Mining
Category
growth
Atrium Research: Dynacor Group – A Low-Risk, High-Growth Gold Processor
DNG.TO: Proven gold processor in Peru w/ 9% production CAGR since '11. Entering growth phase: expanding main plant (600tpd) & building new 300tpd plant to triple rev to ~$1B in 5-6yrs. Strong BS ($23M cash), 3.4% div yield. Trades 4.2x '24 EBITDA vs peers 8.3x. $6.50 PT on 9x OCF. Risks: gold price.
Read full article (8 min)