Dynacor Group (TSE:DNG) Shares Pass Above 50-Day Moving Average – Should You Sell?

Dynacor Group Inc. (TSE:DNG) shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$4.56 and traded as high as C$5.09. Dynacor Group shares last traded at C$5.07, with a volume of 32,654 shares traded.

Dynacor Group Trading Up 0.4%

The firm’s 50-day moving average is C$4.56 and its 200-day moving average is C$4.63. The company has a current ratio of 4.36, a quick ratio of 3.50 and a debt-to-equity ratio of 0.59. The firm has a market cap of C$212.45 million, a price-to-earnings ratio of 13.70 and a beta of 0.21.

Dynacor Group (TSE:DNG) last released its quarterly earnings data on Thursday, November 13th. The company reported C$0.12 earnings per share for the quarter. Dynacor Group had a net margin of 6.76% and a return on equity of 20.08%. The firm had revenue of C$139.96 million for the quarter. As a group, sell-side analysts anticipate that Dynacor Group Inc. will post 0.43 EPS for the current fiscal year.

Dynacor Group Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 19th will be paid a dividend of $0.0133 per share. The ex-dividend date is Tuesday, December 9th. This represents a c) dividend on an annualized basis and a yield of 3.1%. Dynacor Group’s payout ratio is 30.19%.

Dynacor Group Company Profile

Dynacor, with 27 years of experience, is a Canadian-based dividend-paying industrial gold ore processor. The corporation is engaged in gold production by processing ore purchased from the ASM (artisanal and small-scale mining) industry. Dynacor operates in Peru, where its management and processing teams have decades of experience working with ASM miners.