Dynacor Group (TSE:DNG) Shares Cross Below 200 Day Moving Average – What’s Next?

Shares of Dynacor Group Inc. (TSE:DNG) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$5.55 and traded as low as C$4.73. Dynacor Group shares last traded at C$4.77, with a volume of 97,390 shares traded.

Dynacor Group Price Performance

The stock has a market cap of C$141.06 million, a P/E ratio of 6.69 and a beta of 1.09. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.50 and a current ratio of 4.36. The firm has a 50-day moving average price of C$5.14 and a 200-day moving average price of C$5.55.

Dynacor Group Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Thursday, April 17th will be issued a dividend of $0.0133 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date is Thursday, April 10th. Dynacor Group’s dividend payout ratio (DPR) is presently 19.64%.

Insider Transactions at Dynacor Group

In related news, Senior Officer Daniel Misiano purchased 5,000 shares of the business’s stock in a transaction that occurred on Thursday, February 6th. The shares were bought at an average price of C$5.50 per share, for a total transaction of C$27,500.00. Insiders have acquired 18,200 shares of company stock valued at $87,259 in the last three months. 18.59% of the stock is currently owned by company insiders.

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.