Q: Hey can I get your take on q4 results for DNG please. Is it a buy here for sector exposure. Thanks.
5i Research Answer:
DNG has no analysts and thus no estimates to compare with. It did not break out the 4Q but annual production was solid, and a record. Sales rose 25%. Per share income rose 30%. Cash flow was $18.6M. 1.1M shares were bought back and cancelled. The dividend was raised in December. It continues to be debt-free with $33M cash. Things look good here, and the stock is hitting new highs. It remains cheap on all metrics and we would consider it buyable for more aggressive small cap sector investors.