Dynacor Group (TSE:DNG) Stock Price Crosses Above 50-Day Moving Average of $2.99

Shares of Dynacor Group Inc. (TSE:DNG – Get Rating) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$2.99 and traded as high as C$3.10. Dynacor Group shares last traded at C$3.04, with a volume of 145,086 shares trading hands.

Dynacor Group Stock Up 1.0 %

The company has a market cap of C$116.83 million, a price-to-earnings ratio of 7.24 and a beta of 0.90. The company has a current ratio of 4.64, a quick ratio of 3.50 and a debt-to-equity ratio of 0.31. The firm’s fifty day moving average price is C$2.99 and its 200-day moving average price is C$2.86.

Dynacor Group Announces Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 16th. Investors of record on Thursday, March 9th were paid a $0.01 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 3.95%. The ex-dividend date of this dividend was Wednesday, March 8th. Dynacor Group’s payout ratio is presently 28.57%.

About Dynacor Group

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Dynacor Group Inc engages in the exploration, development, and mining of minerals properties in Peru. It explores for gold, silver, and copper deposits. The company holds interest in the Tumipampa property covering an area of 7,027 hectares located in Peru. In addition, it holds 100% interest in the greenfield Anta silver/gold/copper exploration project located in Southern Peru.