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

Dynacor Group Inc. (TSE:DNG)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$5.03 and traded as high as C$6.17. Dynacor Group shares last traded at C$6.15, with a volume of 84,033 shares trading hands.

Dynacor Group Trading Up 1.8%

The company has a market cap of C$257.71 million, a P/E ratio of 16.62 and a beta of 0.39. The business has a fifty day simple moving average of C$5.03 and a 200 day simple moving average of C$4.78. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.50 and a current ratio of 4.36.

Dynacor Group (TSE:DNG) last issued its quarterly earnings results on Thursday, November 13th. The company reported C$0.12 earnings per share for the quarter. Dynacor Group had a return on equity of 20.08% and a net margin of 6.76%.The business had revenue of C$139.96 million during the quarter. Analysts anticipate that Dynacor Group Inc. will post 0.43 earnings per share for the current fiscal year.

Dynacor Group Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 19th were issued a dividend of $0.0133 per share. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Tuesday, December 9th. Dynacor Group’s dividend payout ratio is 30.19%.

Dynacor Group Company Profile

Dynacor Group is an industrial 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.