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DNGDF - Dynacor Gold Mines reports 24.2% increase in May sales
Dynacor Gold Mines Inc
Dynacor Gold Mines (OTCPK:DNGDF) reported Wednesday its monthly sales of $19.5M (+24.2% Y/Y) for May 2022. On sequential basis, it represents a 10.8% month-over-month increase. The gold ore company said its average selling price of gold per ounce in May was US$1,845/oz compared to $1,873/oz in May of last year. That takes year-to-date sales to $87.2M (+26% Y/Y). Guidance: Dynacor Gold expects sales to be in the range of $200-$220M, based on $1,800 per ounce average gold price.