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Dynacor's sales slump on weaker prices, USD strength

The company cited weaker gold prices, the strength of the US dollar, and lower production

Nathan Richardson
In September, the selling price of gold of US$1,666/oz, was down 6% year on year.

In September, the selling price of gold of US$1,666/oz, was down 6% year on year.

The company recorded sales amounting to US$46 million, compared to US$61.9 million a year earlier. It's down from US$53.9 million in Q2. For the first nine-months of 2022, Dynacor's sales have amounted...

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