Dynacor Group (TSE:DNG) Share Price Passes Above 50 Day Moving Average of $4.02

Posted by Adam Masters on Mar 28th, 2024

Dynacor Group Inc. (TSE:DNG – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$4.02 and traded as high as C$4.48. Dynacor Group shares last traded at C$4.45, with a volume of 135,596 shares trading hands.

Dynacor Group Trading Up 8.3 %

The stock has a 50 day moving average of C$4.02 and a 200-day moving average of C$3.69. The company has a market capitalization of C$162.56 million, a P/E ratio of 8.73 and a beta of 1.13. The company has a current ratio of 5.07, a quick ratio of 3.50 and a debt-to-equity ratio of 0.73.

Dynacor Group Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, March 19th. Stockholders of record on Friday, March 8th were paid a dividend of $0.012 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 3.24%. Dynacor Group’s dividend payout ratio is 27.45%.

Dynacor Group Company Profile

(Get Free Report)

Dynacor Group Inc engages in the exploration, development, and mining of minerals properties in Peru. It explores for gold, silver, copper, and other precious metals deposits. The company holds interest in the Tumipampa property covering an area of 7,696 hectares located in Peru. It also holds a 100% interest in the greenfield Anta project that includes eight concessions covering an area of 5,600 hectares situated in Southern Peru.