SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                   Form 10-Q/A

                                (Amendment No. 1)


(Mark One)

( X )  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
       SECURITIES AND EXCHANGE ACT OF 1934

                  For the quarterly period ended June 30, 2000

                                       OR

(   )  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES ACT
       OF 1934 FOR THE TRANSITION PERIOD FROM         TO          .

                          Commission file number 0-8328




                          DYNAMIC MATERIALS CORPORATION
             (Exact name of Registrant as Specified in its Charter)

                Delaware                                 84-0608431
(State of Incorporation or Organization)    (I.R.S. Employer Identification No.)

                551 Aspen Ridge Drive, Lafayette, Colorado 80026
          (Address of principal executive offices, including zip code)

                                 (303) 665-5700
              (Registrant's telephone number, including area code)


     Indicate by check mark  whether the  registrant:  (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant was required to file such reports),  and (2) has been subject to such
filing requirements for the past 90 days:  Yes X No


     The number of shares of Common Stock  outstanding  was 4,973,768 as of July
31, 2000.






                                Explanatory Note:

     This  Amendment  No. 1 is being  filed  solely to  correct  the date on the
signature  page from May 14, 2000 to August 14, 2000 and to correct the omission
of the  conformed  signature  from the Form 10-Q for the quarter  ended June 30,
2000, filed with the Commission on August 14, 2000.




                                   SIGNATURES


     In accordance with the requirements of the Exchange Act, the Registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.


                          DYNAMIC MATERIALS CORPORATION
                                  (Registrant)


Date:    August 14, 2000  /s/   Richard A. Santa
                          ------------------------------------------------------
                          Richard A. Santa, Vice President of Finance and
                          Chief Financial Officer (Duly Authorized Officer and
                          Principal Financial and Accounting Officer)