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Dynacor Group (TSE:DNG) Rating Increased to Strong-Buy at Canaccord Genuity Group

Dynacor Group logo with Basic Materials background

Dynacor Group (TSE:DNG - Get Free Report) was upgraded by equities research analysts at Canaccord Genuity Group to a "strong-buy" rating in a note issued to investors on Friday,Zacks.com reports.

Dynacor Group Trading Down 1.5%

TSE DNG traded down C$0.07 during trading on Friday, hitting C$4.51. The stock had a trading volume of 72,619 shares, compared to its average volume of 81,571. Dynacor Group has a one year low of C$4.00 and a one year high of C$6.25. 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 stock has a market capitalization of C$133.37 million, a price-to-earnings ratio of 6.33 and a beta of 1.09. The stock has a 50 day simple moving average of C$4.68 and a 200 day simple moving average of C$5.31.

Dynacor Group Company Profile

(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.

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