Dynacor Group (TSE:DNG) Stock Passes Above 50-Day Moving Average – Time to Sell?

Dynacor Group Inc. (TSE:DNG) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$5.58 and traded as high as C$6.77. Dynacor Group shares last traded at C$6.59, with a volume of 66,318 shares traded.

Dynacor Group Price Performance

The firm has a market capitalization of C$276.15 million, a PE ratio of 17.81 and a beta of 0.39. The company has a debt-to-equity ratio of 0.59, a current ratio of 4.36 and a quick ratio of 3.50. The business’s 50 day moving average is C$5.58 and its two-hundred day moving average is C$4.97.

Dynacor Group (TSE:DNG) last released its quarterly earnings results on Thursday, November 13th. The company reported C$0.12 EPS for the quarter. The business had revenue of C$139.96 million during the quarter. Dynacor Group had a net margin of 6.76% and a return on equity of 20.08%. As a group, research analysts anticipate that Dynacor Group Inc. will post 0.43 EPS for the current year.

Dynacor Group Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 19th were paid a $0.0133 dividend. This represents a c) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Tuesday, December 9th. Dynacor Group’s dividend payout ratio is currently 30.19%.

About Dynacor Group

Dynacor Group is an industrial ore processing company dedicated to producing gold sourced from artisanal miners. Since its establishment in 1996, Dynacor has pioneered a responsible mineral supply chain with stringent traceability and audit standards for the fast-growing artisanal mining industry. By focusing on formalized miners, the Canadian company offers a win-win approach for governments and miners globally. Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru.