Dynacor Group Inc T.DNG

Alternate Symbol(s): DNGDF

Metals & Mining Gold

Dynacor Group Inc. is a Canada-based industrial gold ore processor. The Company is engaged in gold production through the processing of ore purchased from the artisanal and small-scale mining (ASM) industry. The Company also owns the rights on several mining properties which are at the exploration stage, including its flagship exploration gold, copper, and silver prospect, the Tumipampa property (Tumipampa). Tumipampa is located approximately 500 kilometers (km) from Lima, Peru, in the Circa district, Province of Abancay, Department of Apurimac. Tumipampa's concessions cover an area of approximately 4,000 hectares and are located geographically on the eastern slopes of the Andes Mountain Range between 4,200 and 4,800 meters above sea level. The Company's produces environmentally responsible gold through its PX IMPACT gold program. Its Veta Dorada plant is gold mineral processing plant in Peru. The Company's Anta property is a copper/silver exploration prospect.

TSX:DNG - Post by User

Dynacor Group Inc

Bullboard Posts

Comment by unfeasiblylargeon Nov 18, 2015 2:05pm

99 Views

Post# 24301779

RE:RE:RE:RE:NEWS- DNG Earns Net Income of US$ 0.7M in Q3-2015

Holy smokes, BigBen, numbers are really not your strong suit! If you divide the price (1.60) by the earnings (.075) you get 21.3.

Also by "rounding up" the denominator I was being more conservative in estimating the forward P/E ratio AND taking into account the planned placement of additional shares (without consideration of the value to the company of the money from the placement). ULarge

Bullboard Posts

BMO evolves InvestorLine with enhanced tools for options trading