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Dynacor's sales slump on weaker prices, USD strength

Peru-focused Dynacor has recorded a 15% year on year decrease in gold sales for the third quarter of the year on the back of weaker gold prices, the strength of the US dollar, and lower production.

Dynacor's sales slump on weaker prices, USD strength Dynacor's sales slump on weaker prices, USD strength Dynacor's sales slump on weaker prices, USD strength Dynacor's sales slump on weaker prices, USD strength Dynacor's sales slump on weaker prices, USD strength

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.

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