Dynacor Gold Mines Inc. (DNG) fair value: what the stock is really worth
As of Nov 12, 2026: fair value (intrinsic value) of Dynacor Gold Mines Inc. stock C$4.93, price C$5.53, that is 10.9% below the price, quality 50 out of 100. Rating: overvalued. Calculated from audited financials with 25 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 13, 2026.
How to read this chart
60‑month range C$2.15 – C$6.83 · fair‑value band C$2.42 – C$6.98 · the C$5.53 price screens above the C$4.93 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 13, 2026.
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Dynacor Group Inc. engages in the exploration, development, and mining of minerals properties in Peru. The company explores gold, silver, copper, and other precious metal deposits. Its flagship property include Tumipampa project covering an area of 4,000 hectares located in the Circa District, Peru.
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The company was formerly known as Dynacor Gold Mines Inc. and changed its name to Dynacor Group Inc. in June 2022. Dynacor Group Inc. was founded in 1996 and is headquartered in Montreal, Canada.
Stock analysis
Dynacor Gold Mines Inc. (DNG) currently trades at C$5.53, while our model-based Fair Value estimate is C$4.93, 11% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of C$16.73 per share, and 18 of the 25 models we run sit above the C$5.53 price.
Bear case: the Asset-Based group reads lowest at C$2.23, and 7 of the 25 models stay below the price. Data coverage for this calculation is high.
Scenario range: C$2.42 (bear) to C$6.98 (bull), the price of C$5.53 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 50/100 (solid quality), in the Basic Materials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Dynacor Gold Mines Inc. reported revenue of $405M in FY2025 versus $196M in FY2021, a compound +19.9%/yr. Reported net income was $21.7M in FY2025, compounding +16.4%/yr from FY2021.
Key figures
Market cap C$237M (≈ $166M) Micro · P/E ratio 8.1 · P/S ratio 0.31 · EPS (TTM) C$0.6800 · Dividend yield 2.8% · Net margin 3.9% · Return on equity 15.9% · Return on assets (EBIT) 19.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 19% below its 52-week high and 33% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −14% fair-value upside, at −11%, DNG screens cheaper than that median.
Fair Value models
BearC$2.42Fair Value C$4.93BullC$6.98
Price C$5.53 · Downside -10.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (C$0.4565 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCFC$2.51C$3.36C$5.3680
Growth DCFC$2.45C$3.49C$4.9879
Owner EarningsC$2.80C$4.28C$6.8075
All 25 models by family
DCF Models
FCF DCFC$2.51C$3.36C$5.3680
Owner EarningsC$2.80C$4.28C$6.8075
5Y Revenue ExitC$7.05C$13.94C$24.4470
5Y EBITDA ExitC$6.45C$12.59C$21.2172
5Y P/E ExitC$7.30C$14.59C$23.7868
10Y Revenue ExitC$5.02C$10.67C$20.1863
10Y EBITDA ExitC$4.91C$9.73C$18.3565
10Y P/E ExitC$5.43C$11.05C$20.4560
Earnings-Based
Graham-DoddC$5.01C$31.15C$43.4963
Lynch FVC$9.58C$13.68C$17.7961
PEG = 1.0C$9.58C$13.68C$17.7957
EPVC$5.95C$6.58C$7.0974
Dividend Discount
Gordon GGMC$1.92C$3.35C$4.4968
DDM Multi-StageC$1.92C$3.11C$3.5967
Multiples
P/E MultipleC$9.39C$12.52C$15.6563
P/S MultipleC$9.39C$12.52C$15.6558
P/B MultipleC$5.45C$7.26C$9.0855
EV/EBITC$10.79C$14.02C$17.2466
EV/EBITDAC$9.10C$11.76C$14.4267
EV/RevenueC$9.50C$13.10C$16.6954
Asset-Based
NCAV (Graham)C$1.47C$2.23C$2.7954
Growth DCF
Growth DCFC$2.45C$3.49C$4.9879
Economic Profit
Residual IncomeC$4.34C$5.45C$8.0775
ROIC CompounderC$6.58C$8.34C$10.4772
Growth Earnings
Growth-Adj P/EC$11.71C$16.73C$21.7567
The fair value above starts from this blend and is adjusted for a cyclical peak year.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+42.2%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+27.0%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+31.8%
Start year 2020 (pandemic). Over 10 years: +17.8% a year
Revenue growth 18 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+20.4%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+34.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+31.3%
Dividend (yield on the price)2.8%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.31.3% vs 19.8%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.9% → 7%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+38.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Canada: IMF forecast 2.1% a year to 2030, 2.6% from 2016 to 2025) that is about +35.3% a year for the price.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Other Precious Metals & Mining · 149 stocks
Beats the industry median on 11/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score50 · Top 25%
Fair Value upside−10.9% · Above median
Profitability
Return on equity (12 months)15.9% · Top 25%
Return on assets12.0% · Top 25%
Net margin (12 months)3.9% · Below median
Operating margin (12 months)6.0% · Above median
Growth and dividend
Revenue growth (quarter YoY)81.2% · Top 25%
Dividend yield (12 months)2.8% · Above median
Valuation Multiplesvs Other Precious Metals & Mining median · lower = cheaper
P/E (12 months)8.1× · Cheaper than median
P/B1.23× · Cheaper than median
P/S (12 months)0.31× · Cheapest 25%
Price / free cash flow (fiscal year)53.1× · Pricier than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Dynacor Gold Mines Inc. Fair Value". https://www.fairvalue-calculator.com/stock/DNG
Frequently asked questions
Is Dynacor Gold Mines Inc. (DNG) overvalued or undervalued?
As of Nov 13, 2026, our model estimates a fair value of C$4.93 versus a price of C$5.53, about 11% lower (overvalued).
What is the fair value of DNG?
Our model-based fair value for Dynacor Gold Mines Inc. is C$4.93 (as of Nov 13, 2026), built from audited fundamentals. The current price: C$5.53.
What is the quality score of DNG?
Dynacor Gold Mines Inc. has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Dynacor Gold Mines Inc. (DNG)?
Our model-based price target is the fair value of C$4.93 (as of Nov 13, 2026) from 25 valuation models. Cautious scenario C$2.42, optimistic scenario C$6.98. It is a calculation from audited fundamentals, not an analyst target.
What is the Dynacor Gold Mines Inc. stock forecast for 2026?
Our models put fair value at C$4.93, about 11% lower versus a price of C$5.53 (overvalued). Cautious scenario C$2.42, optimistic scenario C$6.98. The calculation is refreshed regularly with new filings.
What is the revenue of Dynacor Gold Mines Inc. (DNG)?
Dynacor Gold Mines Inc. reported trailing-twelve-month revenue of about C$536M (latest available figure, as of Nov 13, 2026).
Does Dynacor Gold Mines Inc. pay a dividend?
Dynacor Gold Mines Inc. currently shows a dividend yield of 2.82% relative to its recent price (as of Nov 13, 2026).
How much is the dividend of Dynacor Gold Mines Inc. (DNG) and when is the ex-dividend date?
Dynacor Gold Mines Inc. pays a dividend of C$0.156 per share a year, a dividend yield of 2.8%. The last ex-dividend date was Nov 9, 2026. A dividend has been paid every year since at least 2018. The payout ratio is 22.9% of earnings. Free cash flow covers the dividend 0.48 times. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What growth is priced into Dynacor Gold Mines Inc. (DNG)?
For today's price to be fair in a discounted-cash-flow model, Dynacor Gold Mines Inc. would have to grow free cash flow by +38.2 % per year for five years (discount rate 11.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +31.9 % per year. As of Nov 13, 2026.
What discount rate (WACC) does the fair value of DNG use?
Our models discount Dynacor Gold Mines Inc. at 11.6 %: a base by market capitalisation (micro), damped by beta 0.71, country premium for Canada. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Dynacor Gold Mines Inc. that is +38.2 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.6 %) and the same formula as our fair value.
How much growth has Dynacor Gold Mines Inc. (DNG) delivered so far?
Over the past 5 years revenue at Dynacor Gold Mines Inc. grew +31.9 % a year. The price currently implies free-cash-flow growth of +38.2 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Dynacor Gold Mines Inc. (DNG) growing?
The median revenue growth in the sector is +8.7 % a year. That is the yardstick for the growth priced into Dynacor Gold Mines Inc. (+38.2 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Dynacor Gold Mines Inc. (DNG)?
The free-cash-flow yield on the price is 1.32 %: that much free cash flow Dynacor Gold Mines Inc. produces per unit of market value. When it exceeds the discount rate of our models (11.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Dynacor Gold Mines Inc. (DNG)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Dynacor Gold Mines Inc. it is C$4.93 per share (as of Nov 13, 2026), against a price of C$5.53. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Dynacor Gold Mines Inc. stock overvalued or undervalued in 2026?
As of Nov 13, 2026, DNG trades above its calculated fair value: price C$5.53, fair value C$4.93, a gap of about −11% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of DNG?
No. The price is what the market pays today (C$5.53); the fair value is what the company's own numbers justify (C$4.93). For Dynacor Gold Mines Inc. the two are C$0.6009 per share apart. That gap is exactly why we show both numbers side by side.
How much is Dynacor Gold Mines Inc. worth?
The market values Dynacor Gold Mines Inc. at about C$237M (market capitalisation, as of Nov 13, 2026). Per share that is C$5.53; our models calculate a fair value of C$4.93 per share.
What do the bullish and bearish scenarios say about DNG?
Our models span a range for Dynacor Gold Mines Inc.: cautious scenario C$2.42, base C$4.93, optimistic C$6.98 per share (as of Nov 13, 2026, price C$5.53). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of DNG?
Dynacor Gold Mines Inc. trades at a price-to-earnings ratio of 8.1 (as of Nov 13, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of C$4.93 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 12.7. Other multiples: P/B 1.2, P/S 0.3, EV/EBITDA 3.5.
How solid is the balance sheet of Dynacor Gold Mines Inc. (DNG)?
Balance-sheet figures for Dynacor Gold Mines Inc. (as of Nov 13, 2026): return on equity 15.9%. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is DNG from its 52-week high?
Dynacor Gold Mines Inc. trades at C$5.53, about 19% below its 52-week high of C$6.83 and 33% above the low of C$4.17 (as of Nov 12, 2026). Distance from the high says nothing about value: that is what the fair value of C$4.93 is for.
Which stocks are comparable to Dynacor Gold Mines Inc.?
From the same area (Basic Materials) we also value PT Amman Mineral Internasional Tbk, Hecla Mining Company, China Gold International Resources Corp, Compañía de Minas Buenaventura S.A., among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Dynacor Gold Mines Inc. stock attractive at the current price?
The data as of Nov 13, 2026: price C$5.53, calculated fair value C$4.93 (−11%), Quality Score 50/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of DNG calculated?
We run Dynacor Gold Mines Inc. through 25 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of C$4.93 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.3% above its aggregate fair value. Dynacor Gold Mines Inc. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Dynacor Gold Mines Inc. (DNG)?
The closing price on Nov 12, 2026 was C$5.53. Our model-based fair value is C$4.93, about 11% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Dynacor Gold Mines Inc. right now?
The model range is unusually wide (C$2.42 to C$6.98). The outcome hinges heavily on assumptions, so read the point estimate with caution. The price sits in the upper half of our model range, so the margin of safety is thin. The data supports the verdict: every model runs on fully documented inputs.
Where does the earnings growth of Dynacor Gold Mines Inc. (DNG) come from?
Earnings per share at Dynacor Gold Mines Inc. grew +17.2 % a year from 2014 to 2025. Broken into its drivers: revenue per share +15.1 %, EBIT margin −2.3 %, tax rate +2.1 %, residual (interest, one-offs) +2.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Dynacor Gold Mines Inc.
How large is the market capitalisation of Dynacor Gold Mines Inc. (DNG)?
The market capitalisation of Dynacor Gold Mines Inc. is C$237M (≈ $166M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Dynacor Gold Mines Inc. (DNG)?
The price-to-sales ratio of Dynacor Gold Mines Inc. is 0.31 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Dynacor Gold Mines Inc. (DNG)?
Earnings per share at Dynacor Gold Mines Inc. are C$0.6800 (price ÷ EPS = P/E 8.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Dynacor Gold Mines Inc. (DNG)?
The dividend yield of Dynacor Gold Mines Inc. is 2.8% (payout 22.9%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Dynacor Gold Mines Inc. (DNG)?
The net margin of Dynacor Gold Mines Inc. is 3.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Dynacor Gold Mines Inc. (DNG)?
The return on equity (ROE) of Dynacor Gold Mines Inc. is 15.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Dynacor Gold Mines Inc. (DNG)?
On an EBIT basis the return on assets of Dynacor Gold Mines Inc. is 19.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Dynacor Gold Mines Inc. (DNG)?
The operating margin of Dynacor Gold Mines Inc. is 6.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Dynacor Gold Mines Inc. (DNG)?
Revenue at Dynacor Gold Mines Inc. is growing +81.2% versus a year earlier (3y avg +27.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Dynacor Gold Mines Inc. (DNG)?
Earnings per share at Dynacor Gold Mines Inc. are growing −66.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Dynacor Gold Mines Inc. (DNG) hold?
Dynacor Gold Mines Inc. holds more cash than debt, C$32.9M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Why does Dynacor Gold Mines Inc. meet the fair value rule although the fair value shown is lower?
Peak profit dampened: C$11.05 → C$4.93. The latest annual profit is far above the years before, and such peaks rarely last. So we calculate cautiously with C$4.93 instead of C$11.05. If the profit stays high, we ease the caution year by year. As in the backtest, the fair value rule checks the value before: +100% against the price.
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Broad data
Nov 13, 2026