09:03 AM EDT, 03/27/2025 (MT Newswires) -- Dynacor Group ( DNGDF ) on Thursday reported a decline in fourth-quarter profit.

Dynacor ( DNGDF ) posted net and comprehensive earnings of US$1.7 million, or US$0.04 per diluted share, dropping from US$3.6 million, or US$0.09 per share, in the same quarter of the previous year.

Sales rose to US$73.1 million from US$65.6 million while cost of sales increased to US$66.7 million from US$57.8 million.

Gold equivalent production fell to 27,417 ounces from 33,906 ounces.

Dynacor ( DNGDF ) provide its 2025 outlook including sales guidance of US$345 million to US$375 million, net income target of US$14 million to US$17 million, and production estimate of 120,000-130,000 gold equivalent ounces.

So far in 2025, Dynacor ( DNGDF ) said its performance is in line with its forecasts.

"We entered 2025 in a robust financial position and with a strengthened pipeline that shows significant potential to deliver value for all stakeholders," said Jean Martineau, Dynacor's ( DNGDF ) president and CEO. "Together with our committed team, we are well-positioned for continued excellence in execution throughout this buildout year."

Dynacor's ( DNGDF ) share price fell 3.1% on Wednesday to $5.08 on the TSX.