Dynacor Group reports Q2 EPS 8c vs.12c last year

Reports Q2 revenue $79.7M vs. $67.4M last year. “In the second quarter of 2025, Dynacor achieved important milestones that position us well for the future,” said Jean Martineau, President & CEO. “While advancing work on the pilot plant in Senegal, we carried out positive due diligence for the Svetlana plant in Ecuador and signed an MOU with a partner in Ghana. The acquisition of Svetlana is a particularly important step towards our 2030 goal of reaching $1 billion in sales. At the same time, operations saw an unseasonably soft quarter with ore supply headwinds in the latter months. Given the slow quarter and external factors extending into mid-July, we have updated our annual production and sales guidance. We are already seeing improvement in the third quarter and anticipate a stronger second half for Veta Dorada.”