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Dynacor Group Reports Sales of US$21.4 Million for July
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Dynacor Group Reports Sales of US$21.4 Million for July
Aug 19, 2024 5:51 AM

08:15 AM EDT, 08/19/2024 (MT Newswires) -- Dynacor Group ( DNGDF ) on Monday reported unaudited gold sales fell slightly of US$21.4 million (C$29.4 million) for July 2024, down from US$22.5 million (C$29.7 million) last year. The decrease is due to lower volume. However, the figure is 14.4% higher than June's US$18.7 million (C$25.6 million).

In July, a statement noted, the average selling price of gold was US$2,389 per ounce, compared with US$1,945 per ounce in July last year. Monday's statement said the Veta Dorada plant continued working at full pace processing over 15,000 tonnes or an average of 492 tpd.

Dynacor ( DNGDF ), which reported sales of US$156.5 million for the first seven months of this year, says it is on track to achieve its sales guidance of between US$265-US$285 million for 2024.

Dynacoris an international gold ore industrial company servicing artisanal and small-scale miners.

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