Dynacor Group (TSE:DNG) Stock Price Crosses Above 50 Day Moving Average - Should You Sell?

Dynacor Group Inc. (TSE:DNG - Get Free Report) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$5.91 and traded as high as C$6.19. Dynacor Group shares last traded at C$6.13, with a volume of 100,163 shares traded.

Dynacor Group Stock Performance

The company has a current ratio of 4.66, a quick ratio of 3.50 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of C$202.94 million, a P/E ratio of 9.96 and a beta of 1.09. The business's 50 day simple moving average is C$5.92 and its two-hundred day simple moving average is C$5.55.

Dynacor Group Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 17th. Investors of record on Friday, January 17th were given a $0.0133 dividend. The ex-dividend date was Thursday, January 9th. This is a boost from Dynacor Group's previous monthly dividend of $0.01. This represents a $0.16 annualized dividend and a yield of 2.86%. Dynacor Group's dividend payout ratio is 25.00%.

About Dynacor Group

Dynacor Group Inc engages in the exploration, development, and mining of minerals properties in Peru. The company explores for gold, silver, copper, and other precious metal deposits. Its flagship property is the Tumipampa project covering an area of 5,796 hectares located in the Circa district, Peru.