Dynacor Group (TSE:DNG) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Dynacor Group Inc. (TSE:DNG)’s share price 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 changing hands.

Dynacor Group Price Performance

The firm has a market capitalization of C$207.67 million, a PE ratio of 10.20 and a beta of 1.09. The company has a debt-to-equity ratio of 0.62, a quick ratio of 3.50 and a current ratio of 4.66. The business’s 50 day moving average is C$5.30 and its two-hundred day moving average is C$5.29.

Dynacor Group (TSE:DNG) last released its quarterly earnings data on Wednesday, August 14th. The company reported C$0.16 earnings per share for the quarter. Dynacor Group had a net margin of 5.83% and a return on equity of 16.93%. The business had revenue of C$92.26 million during the quarter, compared to analyst estimates of C$90.31 million. Equities research analysts anticipate that Dynacor Group Inc. will post 0.43 earnings per share for the current fiscal year.

Dynacor Group Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 17th. Investors of record on Thursday, October 10th were paid a $0.012 dividend. The ex-dividend date of this dividend was Thursday, October 10th. This represents a $0.14 dividend on an annualized basis and a yield of 2.52%. Dynacor Group’s dividend payout ratio 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.