Dynacor Group Reports 11.9% Increase in Gold Sales for February 2025

, MT Newswires -  8:26 AM ET 3/18/2025 Company News

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08:26 AM EDT, 03/18/2025 (MT Newswires) -- Dynacor Group ( DNGDF ) reported on Tuesday an 11.9% increase in gold sales for February 2025.

Gold sales reached US$22.5 million in February, up from US$20.1 million in the same month last year. Dynacor ( DNGDF ) attributed the sales advance to a one-third increase in the sales price, offset by a 21.4% decline in volume. The selling price of gold averaged $2,894 per ounce, 42.4% higher than $2,032 per ounce in February 2024, the company said.

Dynacor ( DNGDF ) said its cumulative gold sales reached US$51.2 million at the end of February 2025, rising 8.9% from US$47.0 million for the same period of 2024.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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