Overview
* Dynacor ( DNGDF ) Q3 sales of $100.5 mln beat analyst expectations, driven by higher gold prices
* Record EBITDA of $9 mln in Q3, despite ore supply disruptions
* Company acquired Svetlana processing plant in Ecuador for $9.75 mln
Outlook
* Dynacor ( DNGDF ) confirms 2025 sales guidance of $340-$350 mln
* Company expects 2025 net income between $14-$17 mln
* Dynacor ( DNGDF ) anticipates 2025 production of 105,000-110,000 AuEq ounces
Result Drivers
* HIGHER GOLD PRICES - Co attributes strong financial results to higher realized gold prices, boosting sales and margins
* ORE SUPPLY DISRUPTIONS - Despite two weeks of road blockades, processing resumed at full capacity from mid-July
* EXPANSION PROJECTS - Acquisition of Svetlana plant in Ecuador and ongoing projects in Senegal and Ghana
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Sales Beat $100.50 $91.80
mln mln (3
Analysts
)
Q3 EPS $0.12
Q3 Net $5.50
Income mln
Q3 $9 mln
EBITDA
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 6 times the next 12-month earnings vs. a P/E of 8 three months ago
Press Release:
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(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.)