Dynacor Group (TSE:DNG) Stock Crosses Above Fifty Day Moving Average of $4.02

Dynacor Group Inc. (TSE:DNG)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$4.02 and traded as high as C$4.48. Dynacor Group shares last traded at C$4.45, with a volume of 135,596 shares trading hands.

Dynacor Group Price Performance

The company has a debt-to-equity ratio of 0.73, a quick ratio of 3.50 and a current ratio of 5.07. The firm has a market cap of C$168.77 million, a price-to-earnings ratio of 9.06 and a beta of 1.13. The company’s fifty day moving average is C$4.04 and its two-hundred day moving average is C$3.70.

Dynacor Group (TSE:DNG) last posted its earnings results on Tuesday, March 26th. The company reported C$0.12 earnings per share for the quarter. The business had revenue of C$89.25 million for the quarter. Dynacor Group had a net margin of 6.46% and a return on equity of 17.97%. Equities research analysts forecast that Dynacor Group Inc. will post 0.43 EPS for the current year.

Dynacor Group Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, April 18th. Shareholders of record on Wednesday, April 10th will be issued a $0.012 dividend. The ex-dividend date of this dividend is Tuesday, April 9th. This represents a $0.14 dividend on an annualized basis and a yield of 3.12%. Dynacor Group’s dividend payout ratio is currently 27.45%.

Dynacor Group Company Profile

Dynacor Group Inc engages in the exploration, development, and mining of minerals properties in Peru. It explores for gold, silver, copper, and other precious metals deposits. The company holds interest in the Tumipampa property covering an area of 7,696 hectares located in Peru. It also holds a 100% interest in the greenfield Anta project that includes eight concessions covering an area of 5,600 hectares situated in Southern Peru.