Dynacor Group (TSE:DNG) Share Price Crosses Above 50-Day Moving Average of $5.15

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$5.15 and traded as high as C$5.42. Dynacor Group shares last traded at C$5.42, with a volume of 41,424 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Singular Research raised shares of Dynacor Group to a “strong-buy” rating in a report on Sunday, June 16th.

Dynacor Group Trading Up 1.9 %

The company has a quick ratio of 3.50, a current ratio of 4.66 and a debt-to-equity ratio of 0.62. The company’s 50-day moving average price is C$5.15 and its 200-day moving average price is C$5.12. The firm has a market cap of C$197.45 million, a price-to-earnings ratio of 9.68 and a beta of 1.10.

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

Dynacor Group Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, September 17th. Investors of record on Tuesday, September 10th were given a dividend of $0.012 per share. The ex-dividend date was Tuesday, September 10th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 2.66%. Dynacor Group’s payout ratio is currently 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.