Dynacor Group (TSE:DNG) Shares Pass Above Fifty Day Moving Average – Time to Sell?

Dynacor Group Inc. (TSE:DNG)’s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$5.91 and traded as high as C$6.19. Dynacor Group shares last traded at C$6.13, with a volume of 100,163 shares traded.

Dynacor Group Price Performance

The firm has a 50 day moving average of C$5.91 and a 200-day moving average of C$5.55. The company has a current ratio of 4.66, a quick ratio of 3.50 and a debt-to-equity ratio of 0.62. The company has a market cap of C$222.95 million, a P/E ratio of 10.95 and a beta of 1.09.

Dynacor Group Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, January 17th. Investors of record on Friday, January 17th were given a dividend of $0.0133 per share. This is a positive change from Dynacor Group’s previous monthly dividend of $0.01. The ex-dividend date of this dividend was Thursday, January 9th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.60%. Dynacor Group’s dividend payout ratio is currently 25.00%.

Dynacor Group Company Profile

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.