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 |