Dynacor Group (TSE:DNG) Stock Crosses Above 50-Day Moving Average – What’s Next?

Shares of Dynacor Group Inc. (TSE:DNG) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$5.29 and traded as high as C$5.89. Dynacor Group shares last traded at C$5.84, with a volume of 12,509 shares.

Dynacor Group Stock Down 0.8 %

The company has a current ratio of 4.66, a quick ratio of 3.50 and a debt-to-equity ratio of 0.62. The company has a market cap of C$212.40 million, a PE ratio of 10.43 and a beta of 1.09. The company’s 50 day moving average is C$5.29 and its 200 day moving average is C$5.29.

Dynacor Group (TSE:DNG) last posted its earnings results on Wednesday, August 14th. The company reported C$0.16 EPS for the quarter. The business had revenue of C$92.26 million for the quarter, compared to the consensus estimate of C$90.31 million. Dynacor Group had a net margin of 5.83% and a return on equity of 16.93%. As a group, analysts predict that Dynacor Group Inc. will post 0.43 earnings per share for the current fiscal year.

Dynacor Group Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, October 17th. Shareholders of record on Thursday, October 10th were given a dividend of $0.012 per share. This represents a $0.14 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date of this dividend was Thursday, October 10th. Dynacor Group’s dividend payout ratio (DPR) is 25.00%.

Dynacor Group Company Profile

Dynacor Group Inc engages in the exploration, development, and mining of minerals properties in Peru. The company explores for gold, silver, copper, and other precious metal deposits. Its flagship property is the Tumipampa project covering an area of 5,796 hectares located in the Circa district, Peru.