Sierra Metals Inc. (T:SMT*CA)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | 200 Bay St, South Tower, Suite 2800 TORONTO ON M5J 2J3 |
| Tel: | N/A |
| Website: | https://www.sierrametals.com |
| IR: | See website |
| Key People | ||
| Ernesto Balarezo Valdez Chief Executive Officer, Director | Jose Fernandez-Baca Chief Financial Officer | James Leon Vice President - Operations |
| Rajesh Vyas Vice President, Corporate Controller | Alberto Calle Vice President - Human Resources | Alonso Lujan Vice President - Exploration | Juan Jose Mostajo Vice President - Legal Affairs |
| Business Overview |
| Sierra Metals Inc. is a Canada-based diversified mining company. The Company is focused on Green Metal exposure, including copper, zinc and lead production with precious metals in Peru and Mexico. It owns and operates three mines in commercial production: the Yauricocha Mine in Peru, the Bolivar and Cusi mines in Mexico. The Yauricocha, is an underground mine located in western central Peru in the Yauyos province, 12 kilometers (km) west of the Continental Divide. Yauricocha Mine covers an area of 18,778 hectares (ha) that straddle a 20 km strike length of the prolific Yauricocha fault. The Bolivar Mine consists of approximately 12 mining concessions and is a contiguous portion of approximately 15,217 ha Bolivar property land package within the municipality of Urique, in the Piedras Verdes mining district of Chihuahua State, Mexico. The Cusi Mine is located in Chihuahua State, Mexico, approximately 135 km from Chihuahua City that encompasses 73 concessions covering 11,665 ha. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Sierra Metals Inc revenues increased 39% to $229.5M. Net loss before extraordinary items decreased 89% to $6.6M. Revenues reflect Copper segment increase of 50% to $123.1M, Gold segment increase of 100% to $30.8M, Mexico segment increase of 48% to $121.7M, Copper Production (MT)-Bolivar Mine increase from 6K to 12K metric tons. |
| Employees: | 1,156 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $280.32M as of Dec 31, 2023 |
| Annual revenue (TTM): | $327.69M as of Dec 31, 2023 |
| EBITDA (TTM): | $66.47M as of Dec 31, 2023 |
| Net annual income (TTM): | -$14.85M as of Dec 31, 2023 |
| Free cash flow (TTM): | $8.50M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $95.18M as of Dec 31, 2023 |
| Shares outstanding: | 209,667,546 as of Mar 1, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.