Dynaresource, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
June 09, 2020 at 05:28 pm EDT
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DynaResource, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was USD 11.612 million compared to USD 14.059 million a year ago. Operating loss was USD 1.654 million compared to USD 2.533 million a year ago. Net loss was USD 798,335 compared to USD 583,097 a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.04 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. 
