Dynacor Group Inc announced unaudited gold sales of $28.8 million in March and record quarterly sales of $80.0 million. All figures are in US dollars unless otherwise indicated.
According to the Monthly Highlights, Gold sales reached $28.8 million (C$41.3 million1) in March 2025, compared to $20.7 million (C$28.0 million) in March 2024. This represents the second-highest monthly sales in the Corporation’s history. The increase in sales of $8.1 million or +39.1% versus March 2024 results from an increase in the sales price (+38.6%) and in the volume (+0.5%).
In March, the selling price of gold averaged $3,020 per ounce, compared to $2,187 per ounce, a 38.0% increase over March 2024. The Veta Dorada plant operated at full capacity, processing 15,000 tonnes of ore as per last year.
Comparing the performance on the parameter of Year To Date, cumulative gold sales reached $80.0 million at the end of March 2025, compared to $67.7 million for the same period of 2024, a $12.3 million increase or +18.2%. In 2025, the selling price of gold averaged $2,878 per ounce, compared to $2,074 per ounce in 2024, a 38.7% increase. The Corporation is on target to meet its annual sales guidance of between $345 and $375 million.
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