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HGHGF - Dynacor Gold Mines: Precious Metals Investors Are Not Interested In Dividends
Highland Gold Mining
Dynacor Gold Mines (DNGDF) is unique. Excluding Highland Gold Mining (HGHGF) and Centamin plc (CELTF), the company pays the highest dividend in the entire precious metals industry. For example, at a share price of $1.13, the current dividend yield stands at 3.75%. However, as the chart below shows, it seems that the precious metals investors are not particularly interested in dividends - since October 1, 2018 (on that day Dynacor paid out the first dividend) Dynacor shares have been underperforming the average junior mining stock represented by [[GDXJ]], one