- Dynacor Gold Mines Inc. (DNG) announced sales of C$22.2 million for April
- This represented a 39.7 per cent increase over 2021
- The average selling price of gold in April 2022 was US$1,915/oz compared to US$1,764/oz in April 2021
- Dynacor is an industrial gold ore processor headquartered in Montreal, servicing ASMs artisanal and small-scale miners
- Shares of Dynacor Gold Mines Inc. are down 0.621 per cent, trading at $3.20 at 11:12 AM ET,
Dynacor Gold Mines (DNG) announced sales of C$22.2 million for April 2022, a 39.7 per cent increase over 2021.
During April, the Veta Dorada plant continued working at its 430 tpd full capacity.
The average selling price of gold in April 2022 was US$1,915/oz compared to US$1,764/oz in April 2021.
The 2022 cumulative sales at the end of April amount to US$67.7 million compared to US$53.5 million for the same period in 2021, a 26.5 per cent increase.
For 2022, the company had a sales forecast of US$200 – $220 million based on US$1,810 per ounce average gold price.
Dynacor is an industrial gold ore processor headquartered in Montreal, servicing ASMs artisanal and small-scale miners.
The corporation intends to expand its processing operations in other jurisdictions as well.
Shares of Dynacor Gold Mines Inc. are down 0.621 per cent, trading at $3.20 at 11:12 AM ET.
