Saturday, June 14, 2025

Latest

Dynacor Increases 2021 Revenues Guidance To As High As US$190 Million

Dynacor Gold Mines (TSX: DNG), whom is a gold processor with its primary operations based in Peru similar to Inca One Gold (TSXV: INCA), this morning increased its earnings guidance for the full fiscal year. The increase is believed to be a result of the continued scaling of operations.

In terms of revenues, the company has increased its previously issued guidance of US$150 million to that of between US$185 to US$190 million. The improvement represents a 23% to 27% increase in overall guidance.

Net income meanwhile is anticipated to come in between US$9.0 million and US$9.5 million, representing earnings per share of between C$0.29 and C$0.31. This guidance also increased substantially, climbing up to 38% from the previously provided guidance of US$6.9 million in net income for the year.

The company also indicated that it expects 2021 to be the year that it cracks the milestone of over 100,000 gold equivalent ounces produced in a year.

The company closed this mornings announcement by including some qualifiers for the guidance, effectively stating that the results are predicated on steady exchange rates, maintaining of gold grades, and the price of gold remaining in the area of US$1,785 per ounce.

Dynacor Gold mines last traded at $2.84 on the TSX.


Information for this briefing was found via Sedar, and Dynacor Gold Mines. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Aznalcóllar Corruption Case Nears Conclusion | David Gower – Emerita Resources

Why Precious Metals Crashed on Trump’s Trade Deals? | Jesse Day

Big Gold Miners Don’t Trust $3,300 Gold, Do They See a Crash Ahead? | Rob McEwen

Recommended

NexGen Energy Receives Approval For Site Expansion At Rook I Project

ESGold Sees Installation Of Humphrey Spirals Completed At Montauban

Related News

Lundin Mining Sees BMO Drop Price Target Following Unfortunate Weekend

Lundin Mining (TSX: LUN) had a weekend of unfortunate press releases. The first of which...

Tuesday, September 29, 2020, 03:37:52 PM

Riverside Assays 9.1 G/T Gold Over 3.4 Metres In Channel Sample At Cuarentas

Riverside Resources (TSXV: RRI) this morning announced that it has received results from recent channel...

Thursday, October 8, 2020, 08:26:28 AM

BMO Issues Gold Market Primer Ahead Of Gold Forum Americas

This weekend started off the Gold Forum Americas, where BMO has many of their analysts...

Sunday, September 12, 2021, 10:04:00 AM

Trudeau’s Decision to Sell Canada’s Gold Reserves Has Now Cost Canada Over $149 million

The Trudeau government’s decision to sell off nearly all of Canada’s gold reserves in 2016...

Friday, April 12, 2024, 11:17:00 AM

Inca One Gold: Company Overview

Inca One Gold Corp (TSXV:INCA) is a Vancouver-based gold producer operating two fully permitted gold...

Sunday, June 13, 2021, 04:39:00 PM