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

Dynacor Group Inc. (TSE:DNG – Get Free Report) crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of C$5.32 and traded as high as C$5.39. Dynacor Group shares last traded at C$5.37, with a volume of 76,520 shares trading hands.

Dynacor Group Stock Performance

The company has a market capitalization of C$225.27 million, a price-to-earnings ratio of 10.96 and a beta of 1.07. The company has a debt-to-equity ratio of 0.34, a quick ratio of 3.50 and a current ratio of 3.60. The company’s fifty day simple moving average is C$5.32 and its two-hundred day simple moving average is C$5.96.

Dynacor Group (TSE:DNG – Get Free Report) last released its earnings results on Thursday, August 13th. The company reported C$0.04 earnings per share for the quarter. Dynacor Group had a net margin of 3.96% and a return on equity of 15.46%. The company had revenue of C$205.19 million during the quarter. Equities research analysts predict that Dynacor Group Inc. will post 0.43 earnings per share for the current fiscal year.

Dynacor Group Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, November 17th. Investors of record on Tuesday, November 17th will be given a dividend of $0.0133 per share. This represents a $0.16 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, November 9th. Dynacor Group’s dividend payout ratio is currently 23.57%.

About Dynacor Group

(Get Free Report)

Dynacor Group is an 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 . The company is expanding to West Africa and within Latin America .

See Also

Receive News & Ratings for Dynacor Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynacor Group and related companies with MarketBeat.com's FREE daily email newsletter.