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Dynacor Gold Mines ( (TSE:DNG) ) just unveiled an announcement.
Dynacor Group Inc. reported record annual sales of $284.4 million for 2024, marking a 13.7% increase from the previous year, driven by a significant rise in sales price despite a decrease in sales volume due to lower ore grade. The company achieved top-end guidance with December sales reaching $30.2 million, reflecting a 48.8% increase from December 2023, attributed to both higher gold prices and increased sales volume.
More about Dynacor Gold Mines
Dynacor Group Inc. is an international company specializing in gold ore processing, primarily serving artisanal and small-scale miners. The company is focused on providing processing services for these miners, contributing to the gold mining industry.
YTD Price Performance: 2.74%
Average Trading Volume: 3,637
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $154.4M
For a thorough assessment of DNG stock, go to TipRanks’ Stock Analysis page.
