Precious Metals
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
The post Dynacor Increases 2021 Revenues…

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.
The post Dynacor Increases 2021 Revenues Guidance To As High As US$190 Million appeared first on the deep dive.

Central Banks…Why Bother?
Central banks…why bother? Inflation is here and it cannot be contained. US inflation is touching a 40-year high, the UK has hit the 40-year high, and…
Von Greyerz: Gold As ‘Cheap’ Today As In 1971
Von Greyerz: Gold As ‘Cheap’ Today As In 1971
Authored by Egon von Greyerz via GoldSwitzerland.com,
“Specie (gold and silver coin) is…
Ground Breakers: Falling metal prices deliver hangover for Aussie miners
Gold stocks salvage something from the wreckage after a rough morning for Aussie miners BlueScope Steel rated a buy by … Read More
The post Ground Breakers:…
-
Energy & Critical Metals23 hours ago
Uranium Inventories Are Scarily Low – What that Means for Energy Security, Prices and New Projects
-
Lithium20 hours ago
Lithium industry needs to invest $42 billion by end of the decade to meet demand: BMI
-
Energy & Critical Metals23 hours ago
Talon Metals Releases Record Length of High-Grade Nickel Mineralization at the Tamarack Nickel Project
-
Energy & Critical Metals23 hours ago
Nevada Sunrise Receives Final Lithium Analyses from Borehole GEM22-02 – Mineralized Intersection Improves to 1,101 ppm Lithium over 730 Feet at the Gemini Lithium Project, Nevada
-
Economics22 hours ago
Lost Decade On Menu As Yields Collide With 3% Hurdle
-
Financing News24 hours ago
White Gold Corp. Announces Fully Funded $6 Million 2022 Exploration Program on its District Scale Land Package, Yukon, Canada
-
Financing News20 hours ago
MAS Gold Announces New Terms for Private Placement Financing
-
Financing News16 hours ago
Labrador Uranium Closes Acquisition of the Mustang Lake Project