Dynacor Group (TSE:DNG) Shares Down 8.3% – Time to Sell?

Shares of Dynacor Group Inc. (TSE:DNG) traded down 8.3% on Friday . The company traded as low as C$5.56 and last traded at C$5.62. 130,250 shares were traded during trading, an increase of 273% from the average session volume of 34,939 shares. The stock had previously closed at C$6.13.

Dynacor Group Trading Down 7.3 %

The company’s fifty day moving average is C$5.91 and its two-hundred day moving average is C$5.55. The company has a quick ratio of 3.50, a current ratio of 4.66 and a debt-to-equity ratio of 0.62. The stock has a market cap of C$206.58 million, a price-to-earnings ratio of 10.14 and a beta of 1.09.

Dynacor Group Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, January 17th were issued a $0.0133 dividend. This is an increase from Dynacor Group’s previous monthly dividend of $0.01. This represents a $0.16 annualized dividend and a dividend yield of 2.81%. The ex-dividend date was Thursday, January 9th. Dynacor Group’s payout ratio is presently 25.00%.

Dynacor Group Company Profile

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.