Dynacor Group (TSE:DNG) Share Price Crosses Above Fifty Day Moving Average - What's Next?

Key Points

• Share price technicals: Dynacor's stock crossed above its 50-day moving average (50‑day MA C$6.05), trading as high as C$6.26 and last at C$6.12 on volume of 47,552 shares.
• Key fundamentals and recent results: Market cap C$256.69M, P/E 12.24, debt/equity 0.38 and strong liquidity (quick ratio 3.50, current ratio 3.69); last quarter EPS C$0.23 on C$183.43M revenue, 5.35% net margin and 16.72% ROE, with analysts forecasting ~0.43 EPS for the year.
• Dividend: The company pays a monthly dividend of C$0.0133 (paid April 17), implying about a 2.6% yield and a payout ratio of 23.02%.

Dynacor Group Inc. (TSE:DNG - Get Free Report)'s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$6.05 and traded as high as C$6.26. Dynacor Group shares last traded at C$6.12, with a volume of 47,552 shares traded.

Dynacor Group Stock Performance

The firm's 50 day moving average is C$6.05 and its 200 day moving average is C$5.54. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.50 and a current ratio of 3.69. The stock has a market cap of C$256.69 million, a P/E ratio of 12.24 and a beta of 0.78.

Dynacor Group (TSE:DNG - Get Free Report) last announced its earnings results on Thursday, March 26th. The company reported C$0.23 earnings per share for the quarter. Dynacor Group had a net margin of 5.35% and a return on equity of 16.72%. The company had revenue of C$183.43 million during the quarter. Analysts anticipate that Dynacor Group Inc. will post 0.43 EPS for the current year.

Dynacor Group Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 17th. Stockholders of record on Friday, April 17th were given a $0.0133 dividend. The ex-dividend date of this dividend was Thursday, April 9th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. Dynacor Group's dividend payout ratio (DPR) is presently 23.02%.

Dynacor Group Company Profile

Dynacor Group is an industrial ore processing company dedicated to producing gold sourced from artisanal miners. Since its establishment in 1996, Dynacor has pioneered a responsible mineral supply chain with stringent traceability and audit standards for the fast-growing artisanal mining industry. By focusing on formalized miners, the Canadian company offers a win-win approach for governments and miners globally. Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru.

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