Dynacor Group (TSE:DNG) Stock Crosses Below 200-Day Moving Average of $5.01

Dynacor Group Inc. (TSE:DNG) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$5.01 and traded as low as C$4.86. Dynacor Group shares last traded at C$4.91, with a volume of 50,297 shares.

Analyst Ratings Changes

Separately, Singular Research upgraded Dynacor Group to a “strong-buy” rating in a research note on Sunday, June 16th.

Dynacor Group Price Performance

The company has a debt-to-equity ratio of 0.62, a quick ratio of 3.50 and a current ratio of 4.66. The company has a market capitalization of C$178.87 million, a PE ratio of 8.93 and a beta of 1.10. The company’s 50-day simple moving average is C$5.22 and its 200-day simple moving average is C$5.02.

Dynacor Group (TSE:DNG) last released its earnings results on Wednesday, August 14th. The company reported C$0.16 earnings per share (EPS) for the quarter. The business had revenue of C$92.26 million for the quarter, compared to analyst estimates of C$90.31 million. Dynacor Group had a return on equity of 16.93% and a net margin of 5.83%. As a group, sell-side analysts anticipate that Dynacor Group Inc. will post 0.43 earnings per share for the current year.

Dynacor Group Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 17th. Investors of record on Tuesday, September 10th will be paid a $0.012 dividend. The ex-dividend date is Tuesday, September 10th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 2.93%. Dynacor Group’s dividend payout ratio (DPR) is presently 25.45%.

About Dynacor Group

Dynacor Group Inc engages in the exploration, development, and mining of minerals properties in Peru. The company explores for gold, silver, copper, and other precious metal deposits. Its flagship property is the Tumipampa project covering an area of 5,796 hectares located in the Circa district, Peru.