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Sierra Metals Inc T.SMT

Alternate Symbol(s):  SMTSF

Sierra Metals Inc. is a Canadian mining company focused on copper production with additional base and precious metals by-product credits at its Yauricocha Mine in Peru and Bolivar Mine in Mexico. Yauricocha is an underground mine located in the western central Peru in the Yauyos province, approximately 12 kilometers (km) west of the Continental Divide. The Yauricocha property covers 18,778 hectares that straddle a 20 km strike length over the prolific Yauricocha fault, a major ore controlling structure in this part of western central Peru. The Bolivar Mine is a contiguous portion of the 15,217-hectare Bolivar Property land package within the municipality of Urique, in the Piedras Verdes mining district of Chihuahua State, Mexico. The Piedras Verdes Plant, which is located six km from the Bolivar Mine. The Company has large land packages at each of its mines with several prospective regional targets providing longer-term exploration upside and mineral resource growth potential.


TSX:SMT - Post by User

Post by tickerhiton Nov 09, 2020 7:18am
118 Views
Post# 31861086

BRIEF-Sierra Metals Reports Record Adjusted EBITDA Of

BRIEF-Sierra Metals Reports Record Adjusted EBITDA Of
$37.2 Million, A 73% Increase Over Q3 2019
2020-11-09 06:56:36 AM ET (Reuters)
   
   

Nov 9 (Reuters) - Sierra Metals Inc:

* SIERRA METALS REPORTS RECORD ADJUSTED EBITDA OF $37.2 MILLION, A 73% INCREASE OVER Q3 2019, AS PART OF ITS STRONG Q3 2020 CONSOLIDATED FINANCIAL RESULTS

* SIERRA METALS INC - QTRLY REVENUE $73.2 MILLION VERSUS $64.5 MILLION

* SIERRA METALS INC - QTRLY EARNINGS PER SHARE $0.11

* SIERRA METALS INC SEES REVISED CONSOLIDATED EBITDA GUIDANCE INCLUDING CORPORATE EXPENSES BETWEEN $100 MILLION AND $105 MILLION

* SIERRA METALS INC SEES REVISED CONSOLIDATED CAPEX BETWEEN $40 MILLION AND $45 MILLION FOR FY 2020 Source text for Eikon: Further company coverage:


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