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

Shares of Dynacor Group Inc. (TSE:DNG) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$5.58 and traded as high as C$6.77. Dynacor Group shares last traded at C$6.59, with a volume of 66,318 shares changing hands.

Dynacor Group Price Performance

The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.50 and a current ratio of 4.36. The company has a 50-day moving average of C$5.61 and a 200-day moving average of C$4.98. The stock has a market capitalization of C$255.61 million, a price-to-earnings ratio of 16.49 and a beta of 0.39.

Dynacor Group (TSE:DNG) last released 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 company had revenue of C$139.96 million during the quarter. As a group, equities research analysts expect that Dynacor Group Inc. will post 0.43 earnings per share for the current fiscal year.

Dynacor Group Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 19th were issued a $0.0133 dividend. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date 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.