DynaResource, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 06, 2022 at 01:21 pm EDT
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DynaResource, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 10.49 million compared to USD 4.91 million a year ago. Net income was USD 5.06 million compared to USD 0.289709 million a year ago. Basic earnings per share from continuing operations was USD 0.28 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.27 compared to USD 0.01 a year ago.
DynaResource, Inc. is a minerals investment, management, and exploration company. The Company is engaged in the business of acquiring, investing in, and developing precious metal properties, and the production of precious metals. The Company has one wholly owned subsidiary in the United States, DynaMexico US Holding, LLC (US Holding) and three wholly owned subsidiaries in Mexico, DynaResource de Mexico, S.A. de C.V. (DynaMexico), Mineras de DynaResource S.A. de C.V. (DynaMineras), and DynaResource Operaciones de San Jose De Gracia S.A. de C.V. (DynaOperaciones). DynaMexico owns a portfolio of mining concessions that comprises its 100% interest in the San Jose de Gracia Project (SJG) in northern Sinaloa State, Mexico. It conducts test mining and pilot milling operations, and other exploration activities of the SJG, in Mexico. The SJG Project is located on map sheet G13-A81 in the Culiacan mining district of Sinaloa State, Mexico.
DYNARESOURCE, INC. 
