Dynacor Group Inc. (TSE:DNG - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$5.35 and traded as low as C$4.68. Dynacor Group shares last traded at C$4.69, with a volume of 43,245 shares.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group raised Dynacor Group to a "strong-buy" rating in a research report on Friday.
Check Out Our Latest Report on DNG
Dynacor Group Trading Down 1.1%
The company has a debt-to-equity ratio of 0.59, a current ratio of 4.36 and a quick ratio of 3.50. The business's 50 day moving average is C$4.69 and its 200 day moving average is C$5.33. The stock has a market cap of C$133.66 million, a price-to-earnings ratio of 6.34 and a beta of 1.09.
Dynacor Group Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, June 18th will be paid a dividend of $0.0133 per share. The ex-dividend date of this dividend is Wednesday, June 11th. This represents a $0.16 annualized dividend and a dividend yield of 3.53%. Dynacor Group's dividend payout ratio is presently 19.64%.
About Dynacor Group
(
Get Free Report)
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.
Further Reading
Before you consider Dynacor Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dynacor Group wasn't on the list.
While Dynacor Group currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.