Dynacor Group Smashes Sales Record in Q1-2024
Company Announcements

Dynacor Group Smashes Sales Record in Q1-2024

Dynacor Gold Mines (TSE:DNG) has released an update.

Dynacor Group Inc. has reported a significant increase in its sales, reaching a record $67.7 million for the first quarter of 2024, a 19.4% boost from the same period in 2023. March 2024 alone saw sales of $20.7 million, outperforming the previous year, as the company’s plant operated at full capacity. The rise in sales is attributed partly to the increased average selling price of gold, which hit $2,187 per ounce in March.

For further insights into TSE:DNG stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskDynacor Group Celebrates TSX30 2024 Ranking Achievement
TipRanks Canadian Auto-Generated NewsdeskDynacor Gold Mines Sales Soar on High Gold Prices
TipRanks Canadian Auto-Generated NewsdeskDynacor Gold Mines Highlights ESG Progress and Sales Growth
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App