Dynacor Group (TSE:DNG) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Dynacor Group Inc. (TSE:DNGGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$6.17 and traded as low as C$6.10. Dynacor Group shares last traded at C$6.14, with a volume of 40,184 shares changing hands.

Dynacor Group Stock Performance

The company has a market cap of C$262.60 million, a price-to-earnings ratio of 11.59 and a beta of 0.77. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.28 and a quick ratio of 3.50. The stock has a 50-day moving average price of C$6.26 and a 200 day moving average price of C$6.18.

Dynacor Group (TSE:DNGGet Free Report) last issued its quarterly earnings data on Thursday, May 14th. The company reported C$0.24 earnings per share (EPS) for the quarter. Dynacor Group had a return on equity of 17.72% and a net margin of 4.98%.The business had revenue of C$214.23 million during the quarter. As a group, analysts anticipate that Dynacor Group Inc. will post 0.43 EPS for the current fiscal year.

Dynacor Group Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, July 17th. Shareholders of record on Friday, July 17th were paid a $0.0133 dividend. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) dividend on an annualized basis and a yield of 2.5%. Dynacor Group’s payout ratio is presently 21.48%.

About Dynacor Group

(Get Free Report)

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.

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