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Dynacor Group Inc. (T:DNG)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 625 Rene-Levesque Blvd West, Suite 1200
MONTREAL QC H3B 1R2
Tel: 1-514-3939000
Website: https://dynacor.com
IR: See website
Key People
Jean E. Martineau
President, Chief Executive Officer, Director
Leonard Teoli
Chief Financial Officer, Vice President
Denis Rivard
Chief Operating Officer
Jorge Luis Cardenas
Vice President - Operations
Rene Branchaud
Corporate Secretary
 
Business Overview
Dynacor Group Inc. is a Canada-based industrial gold ore processor. The Company is engaged in gold production by processing ore purchased from the artisanal and small-scale mining (ASM) industry. The Company, including its subsidiary, produces gold and silver from ore purchased from local Peruvian miners, which is processed at its wholly owned processing plant in Chala, Peru. Its Anta property is a silver/gold/copper exploration project that is located in the heart of a regionally important epithermal gold-silver belt and host hydrothermal deposits in Peru, including the Orcopampa, Ares, Shila-Paula, Calloma, Arcata and Antapite mines. Its Tumipampa property is located approximately 60 kilometers' south of the city of Abancay in the Tumipampa region and about 500 km southeast of Lima. The Company also holds interests in mineral properties in Peru that are in the exploration stage. The Company produces gold through its PX IMPACT gold program.
Financial Overview
For the fiscal year ended 31 December 2023, Dynacor Group Inc revenues increased 27% to $250.2M. Net income increased 25% to $15.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was partially offset by Other General and administrative expense increase of 16% to $6.3M (expense), Other projects expenses increase from $318K to $1M (expense).
Employees: 469 as of Dec 31, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $155.96M as of Dec 31, 2023
Annual revenue (TTM): $342.71M as of Dec 31, 2023
EBITDA (TTM): $34.86M as of Dec 31, 2023
Net annual income (TTM): $20.64M as of Dec 31, 2023
Free cash flow (TTM): -$0.49M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 36,523,356 as of Mar 18, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization