Overview

* Dynacor ( DNGDF ) Q2 sales reach $79.7 mln, second-highest quarterly sales

* Company faces ore supply challenges due to curfews and maintenance

* Dynacor ( DNGDF ) acquires Svetlana plant, aligns with 2030 $1 bln sales goal

Outlook

* Dynacor ( DNGDF ) expects 2025 sales at lower end of initial guidance range

* Company updates 2025 production forecast to 105-110,000 AuEq ounces

* Dynacor ( DNGDF ) anticipates stronger second half for Veta Dorada operations

* Company raises gold price assumption to $3,200-$3,400 per ounce

Result Drivers

* ORE SUPPLY CHALLENGES - Lower ore supply due to government-mandated curfew on artisanal miners in northern Peru and planned maintenance

* HIGHER GOLD PRICES - Increased sales driven by higher average gold prices, despite lower quantities of gold ounces sold

* INTERNATIONAL EXPANSION - Progress in international expansion with acquisition of Svetlana plant in Ecuador and MOU in Ghana

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Net $3.50

Income mln

Q2 $5.70

EBITDA mln

Analyst Coverage

* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the gold peer group is "buy."

* The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)