Montréal, September 11, 2024–(BUSINESS WIRE)–Dynacor Group Inc. (TSX-DNG) (Dynacor or the “Company”) distinguished itself with a 27e position in the TSX30 2024 ranking, recognizing the 30 best-performing companies over a three-year period on the TSX Stock Exchange in Toronto, Canada.
“We are proud to announce that Dynacor Group has been listed on the TSX30 2024. This important achievement in Dynacor’s history recognizes the growth of our company over the past few years,” said Jean Martineau, President and CEO of Dynacor.
According to Mr. Martineau, being listed on the TSX30 2024 not only underscores the value Dynacor delivers to its shareholders, but also recognizes the commitment, determination and resilience of the Company’s employees, who adapt and thrive in changing and volatile markets.
“We will continue to execute our strategic vision, with dedication and integrity, and deliver exceptional value to our shareholders. In addition, we will continue to support sustainable development initiatives with shared value with our stakeholders,” said Dynacor’s President and CEO.
Over the past three years (June 30, 2021 – June 30, 2024), Dynacor has experienced exceptional growth, with a 136% increase in share price and a 101% increase in market capitalization over the same period.
Importance of the 2024 TSX30 List
The 2024 TSX30 companies represent a combined market capitalization of US$380 billion, an increase of more than 50% (US$210 billion) in just three years, demonstrating the significant value creation of large TSX-listed companies for the Canadian economy.
This ranking, established since 2019, shows that investors are increasingly focusing on value investing, with a preference for companies with solid cash flows and reliable dividends. This trend reflects the appeal of stable, cash-generating companies in a volatile market.
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The 2024 TSX30 is dominated by three sectors: oil and gas, industrial products and services, and mining, which represent 25 of the 30 issuers on the list. This significant representation reflects the interdependent nature of these industries and their ongoing contributions to the development of Canada’s economy.
Golden Vein
Dynacor, through its subsidiary Veta Dorada, is today ranked among the top 10 gold producers in Peru.
https://money.tmx.com/fr/tsx30
ABOUT DYNACOR
Dynacor, headquartered in Montreal, Canada, is a dividend-paying industrial company that produces gold through operations that process gold ore purchased from artisanal miners. Dynacor currently operates in Peru where its management team has decades of experience working with artisanal miners. It also owns a gold exploration property (Tumipampa) in the Apurimac department.
The Company also aims to expand its machining operations to other jurisdictions.
Dynacor produces socially and environmentally responsible gold through its PX IMPACT® gold program. A growing number of companies in the jewelry, luxury, watch and investment sectors pay a small additional premium to our client and strategic partner for this PX IMPACT® gold. The premium is then directly invested in health and education development projects for the benefit of artisanal mining communities.
Dynacor is listed on the Toronto Stock Exchange (DNG).
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
Some of the information provided above is forward-looking information that involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Dynacor or industry results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. The information provided reflects management’s current expectations regarding future events and performance as of the date of this press release.
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Contacts
For more information, please contact:
Groupe Dynacor Inc.
Telephone: (514) 393-9000 (ext. 232)
Email: [email protected]
