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    Dynacor Gold Mines Reports Record Net Income of $3 Million in Q1

    Written by Investing News Network
    |
    May. 13, 2013 07:19AM PST

    Dynacor Gold Mines Inc. (TSX:DNG) announced their first quarter results, including a record net income of $3 million.

    As quoted in the press release:

    Dynacor Gold Mines Inc. (TSX:DNG) announced their first quarter results, including a record net income of  $3 million.

    As quoted in the press release:

    Q1-2013 HIGHLIGHTS

    • Sales of $33.3 M compared to $23.6M in Q1-2012 a 41.1% increase over Q1-2012;

    • Net income of $3.0M in Q1-2013 ($0.08 per share) compared to $1.7M ($0.05 per share) in Q1-2012;

    • EBITDA(3) of $4.6M compared to $2.9M in Q1-2012;

    • Operating income of $4.3M compared to $2.6M in Q1-2012 a 65.4% increase over Q1-2012

    To view the whole press release, click here. 

     

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