Dynacor Group Inc. (TSE:DNG - Get Free Report)'s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$4.70 and traded as low as C$4.40. Dynacor Group shares last traded at C$4.48, with a volume of 60,670 shares traded.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group raised shares of Dynacor Group to a "strong-buy" rating in a research note on Friday, June 6th.
Check Out Our Latest Analysis on Dynacor Group
Dynacor Group Stock Performance
The company has a quick ratio of 3.50, a current ratio of 4.36 and a debt-to-equity ratio of 0.59. The company has a market cap of C$132.48 million, a PE ratio of 6.28 and a beta of 1.09. The stock's 50 day simple moving average is C$4.70 and its two-hundred day simple moving average is C$5.22.
Dynacor Group Announces Dividend
The business also recently declared a monthly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Wednesday, June 18th were paid a dividend of $0.0133 per share. This represents a $0.16 dividend on an annualized basis and a yield of 3.56%. The ex-dividend date of this dividend was Wednesday, June 11th. Dynacor Group's dividend payout ratio is currently 19.64%.
About Dynacor Group
(
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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.
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