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VANCOUVER, British Columbia, Feb. 24, 2022 (GLOBE NEWSWIRE) — Montreal-based Dynacor Gold Mines (TSX:DNG), a dividend-paying industrial gold ore processor, has provided financial and capital guidance for 2022. The company finished off a great 2021, with annual gold sales exceeding 100,000 ounces, a new yearly record.
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Dynacor is forecasting gold and silver sales for 2022 of between US$200 to US$220 million (CDN$254 to CDN$279 million), an increase of 4% to 14% over the final production sales for 2021. This would result in net income for 2022 in a range of between US$11 to US$13 million or US$0.28 to US$0.33 earnings per share, based on 38.6 million shares outstanding. In Canadian dollars that would be CDN$0.36 to CDN$0.42 earnings per share, representing growth …
Full story available on Benzinga.com
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