Top Page
Dynacor Gold Mines
(OTC:DNG)
Dynacor Gold Mines (DNG) vs. S&P 500 (SPY)
Dynacor Gold Mines Business Overview & Revenue Model
Dynacor Gold Mines Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 276.90M | 250.19M | 197.55M | 195.91M | 101.53M | 102.50M | Gross Profit |
| 37.22M | 30.20M | 24.43M | 27.06M | 13.61M | 12.97M | EBIT |
| 28.01M | 22.10M | 18.14M | 21.21M | 9.52M | 8.32M | EBITDA |
| 32.67M | 26.61M | 21.53M | 23.80M | 11.65M | 10.89M | Net Income Common Stockholders |
| 18.73M | 15.07M | 12.01M | 11.78M | 4.33M | 5.19M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 13.93M | 22.48M | 25.41M | 26.91M | 11.87M | 6.74M | Total Assets |
| 66.35M | 111.78M | 96.90M | 91.36M | 76.30M | 74.81M | Total Debt |
| 747.69K | 635.69K | 701.23K | 343.97K | 706.75K | 4.33M | Net Debt |
| -13.18M | -21.28M | -24.71M | -26.57M | -11.16M | -2.41M | Total Liabilities |
| 9.46M | 22.19M | 16.62M | 19.35M | 13.55M | 14.86M | Stockholders Equity |
| 56.89M | 89.59M | 80.28M | 72.01M | 62.74M | 59.95M |
| Cash Flow | Free Cash Flow | ||||
| 18.58M | 3.04M | 2.57M | 18.42M | 10.34M | -7.36M | Operating Cash Flow |
| 23.05M | 9.61M | 6.23M | 21.87M | 11.22M | -5.88M | Investing Cash Flow |
| -4.34M | -6.45M | -3.51M | -3.21M | -769.83K | -1.41M | Financing Cash Flow |
| -9.77M | -6.28M | -4.22M | -3.41M | -5.33M | 76.02K |
Dynacor Gold Mines Technical Analysis
Dynacor Gold Mines Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | C$226.25M | 7.43 | 19.98% | 2.86% | 20.42% | 31.67% | |
79 Outperform | C$2.24B | 27.55 | 17.33% | ― | 56.15% | ― | |
75 Outperform | C$2.43B | 23.27 | 20.56% | ― | 64.92% | 185.22% | |
73 Outperform | C$7.34B | ― | -9.94% | 3.67% | 22.47% | -791.36% | |
70 Outperform | $2.65B | 133.89 | 1.00% | 0.94% | 0.80% | 137.87% | |
56 Neutral | $5.13B | 216.64 | 1.33% | 1.04% | 1.62% | -232.31% | |
46 Neutral | $2.64B | -3.89 | -29.36% | 3.33% | 2.89% | -29.66% |
Dynacor Gold Mines Corporate Events
Dynacor Group Inc. has announced an increase in its public offering, raising it to up to C$27.5 million through the sale of 5,000,000 common shares. The funds will primarily finance the construction of a new ore processing plant in Sénégal and support other processing plant projects in Africa and Latin America, as well as general corporate purposes. This expansion is expected to enhance Dynacor’s operational capacity and market position in the gold processing industry.
Dynacor Group Inc. has received a formal request from iolite Partners Ltd., a significant shareholder, to call a special meeting of shareholders to consider Robert Leitz’s candidacy for the Board of Directors. The request highlights a disagreement with Dynacor’s recent public offering, although the Board maintains that the offering is beneficial for the company’s expansion efforts. The company is considering the request and will communicate its decision in due course, while continuing to focus on its strategic objectives and stakeholder value.
Dynacor Group Inc. has announced a public offering to raise approximately C$20 million through the sale of common shares, with Canaccord Genuity Corp. acting as the sole agent. The proceeds from this offering will primarily fund the construction of a new ore processing plant in Sénégal, support preparatory work for additional plants in Africa, and explore opportunities in Latin America. This strategic move aims to leverage Dynacor’s expertise in artisanal gold ore processing, facilitating its expansion into new markets and reinforcing its growth prospects.
Dynacor Group Inc. announced its February 2025 dividend of C$0.01333 per common share, payable on February 18, 2025, marking its forty-ninth monthly dividend. The dividend is eligible for Canadian income tax purposes, and its continuation depends on various financial and operational factors. The announcement underscores Dynacor’s consistent dividend strategy and its emphasis on financial health, reflecting its strong position in the gold processing industry and commitment to community investment.
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.
Dynacor Gold Mines has received approval from the Toronto Stock Exchange to renew its normal course issuer bid (NCIB), allowing the company to repurchase and cancel up to 2,928,607 common shares over a twelve-month period. This initiative reflects Dynacor’s strong financial position and its strategy to enhance shareholder value by utilizing available funds for share repurchases, while also exploring other value-added opportunities.
Dynacor Group Inc. has announced a 14.3% increase in its monthly dividend payment for January 2025, offering C$0.01333 per common share. The company, known for its environmentally responsible gold production, aims to expand its operations and continues to invest in community development through its PX IMPACT® gold program.
Dynacor Gold Mines reported a drop in gold sales for November 2024, with US$16.6 million in revenues compared to US$24.4 million the previous year, mainly due to postponed exports caused by roadblocks in Peru. However, the company demonstrated a strong year-on-year performance with cumulative sales up by 10.6% for 2024, and it remains on track to meet its annual sales guidance. Despite the challenges, the average selling price of gold also increased significantly, contributing to the overall financial health of the corporation.
Dynacor Gold Mines reported a significant increase in its gold sales for October 2024, reaching US$26.3 million, a 25.8% rise from the previous year due to higher selling prices. The average price of gold soared to US$2,698 per ounce in October, contributing to the company’s strong performance. With cumulative sales of US$237.6 million for 2024 so far, Dynacor is on track to meet its annual sales forecast.
Dynacor Gold Mines has appointed Daniel Misiano as its new Chief Operating Officer, a move aligning with the company’s global expansion goals. Misiano’s extensive experience in managing large-scale businesses and his strategic leadership skills are expected to drive Dynacor’s growth and strengthen its international operations.
Dynacor Group Inc. announces the retirement of esteemed board member Roger Demers, who has been instrumental in the company’s growth and development. In his place, Pierre Béliveau has been appointed as the new director, bringing extensive experience in financial management and corporate strategy, particularly in the mining sector. The company is optimistic about Béliveau’s contribution to future growth and financial integrity.
Dynacor’s Veta Dorada subsidiary has been awarded the first Carbon Footprint Peru star by Peru’s Ministry of Environment for its efforts in measuring and managing greenhouse gas emissions. This recognition underscores Dynacor’s commitment to sustainability, with over half of its energy coming from renewable sources in 2023. The company aims to further enhance its environmental performance and foster socio-environmental projects.