7 times earnings at top of guidance? Ridiculous
FOLLOW-UP OUTLOOK 2022 Ore processing For 2022, the Corporation forecasted sales (1) in the range of $200-220 million representing growth of 4-14% over 2021 final production sales. This could result in a net income in the range of $11-13 million ($0.28-0.33 per share) (CA$0.36-0.42 per share). So far in 2022, the Corporation is in line with its financial forecast. For 2022, Dynacor should incur capital expenditures ranging between $5 to 8 million at the Chala Plant including the plan to increase capacity later during the year. The Corporation is continuing to assess other opportunities of growth in Peru as well as in other jurisdictions.