Stock price when the opinion was issued
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Sales rose 157% at $62M. Their net income per share was $0.09 and production rose. They hold substantial cash and volume and production hit record highs. A solid quarter and the stock remains cheap. Unlock Premium - Try 5i Free
DNG is a decent small cap ($225M) and the stock rose 59% over the past year. The last quarter was good and the sector outlook remains positive. The balance sheet is clean with $42M net cash. Insiders own 9.5% directly; Red Oak Partners owns 13.9%; Iolite Partners owns 10%. Considering the valuation of only 8.5X earnings, the 2.58% dividend (raised in December), the balance sheet and expected 10%+ growth this year, the strong financial position and outlook, we would consider it a solid small cap buy for investors interested in the mining sector.
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