Dynacor Group (TSE:DNG) Share Price Passes Above 50 Day Moving Average of $4.25

Dynacor Group Inc. (TSE:DNG) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$4.25 and traded as high as C$5.12. Dynacor Group shares last traded at C$4.97, with a volume of 211,907 shares trading hands.

Analyst Ratings Changes

Separately, Atrium Research restated a “buy” rating on shares of Dynacor Group in a research note on Wednesday, April 3rd.

Dynacor Group Stock Down 1.6 %

The stock has a market cap of C$181.50 million, a PE ratio of 9.38 and a beta of 1.13. The company has a debt-to-equity ratio of 0.71, a quick ratio of 3.50 and a current ratio of 3.95. The company’s 50-day moving average price is C$4.25 and its 200 day moving average price is C$3.84.

Dynacor Group (TSE:DNG) last released its quarterly earnings results on Tuesday, March 26th. The company reported C$0.12 EPS for the quarter. Dynacor Group had a net margin of 6.02% and a return on equity of 17.74%. The firm had revenue of C$89.25 million during the quarter. As a group, analysts forecast that Dynacor Group Inc. will post 0.43 EPS for the current fiscal year.

Dynacor Group Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, April 18th. Investors of record on Wednesday, April 10th will be issued a $0.012 dividend. This represents a $0.14 annualized dividend and a yield of 2.90%. The ex-dividend date is Tuesday, April 9th. Dynacor Group’s dividend payout ratio is 26.42%.

About Dynacor Group

Dynacor Group Inc explores, develops, and mines minerals properties in Peru. It explores for gold, silver, copper, and other precious metals. The company's flagship property is the Tumipampa project covering an area of 5,796 hectares located in the Circa district, Peru. It also holds a 100% interest in the greenfield Anta project that includes eight concessions covering an area of 5,600 hectares situated in the district of San Pedro, Peru.