Dynacor Gold Mines (TSE:DNG) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Dynacor Group Inc. has reported a significant increase in its sales, reaching a record $67.7 million for the first quarter of 2024, a 19.4% boost from the same period in 2023. March 2024 alone saw sales of $20.7 million, outperforming the previous year, as the company’s plant operated at full capacity. The rise in sales is attributed partly to the increased average selling price of gold, which hit $2,187 per ounce in March.
For further insights into TSE:DNG stock, check out TipRanks’ Stock Analysis page.