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DNG — Dynacor News Story

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Dynacor Q3 sales beat estimates on higher gold prices

Overview

Dynacor 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 confirms 2025 sales guidance of $340-$350 mln

Company expects 2025 net income between $14-$17 mln

Dynacor 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

MetricBeat/MissActualConsensus Estimate
Q3 SalesBeat$100.50 mln$91.80 mln (3 Analysts)
Q3 EPS$0.12
Q3 Net Income$5.50 mln
Q3 EBITDA$9 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 6 times the next 12-month earnings vs. a P/E of 8 three months ago Press Release: ID:nGNX6KRGkG For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (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.)

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