Sierra Metals

Sierra Metals, Inc. engages in the production, exploration, and development of precious and base metals. It operates through the following geographical segments: Peru, Mexico, and Canada. The Peru segment consists Yauricocha Mine. The Mexico segment comprises of Bolivar and Cusi Mines. The company was founded on April 11, 1996 and is headquartered in Toronto, Canada.

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Sierra Metals, Inc. is a Canadian mining company, which focuses on copper production with additional base and precious metals by-product credits in Peru and Mexico. It operates through the following geographical segments: Peru, Mexico, and Canada. The company was founded on April 11, 1996 and is headquartered in Toronto, Canada.

Sierra Metals Inc

(Kitco News) - Sierra Metals reported net income attributable to shareholders of $2.1 million in Q1 2023 (Q1 2022: $0.4 million) or $0.01 per share (basic and diluted) (Q1 2022: $0.00).

Sierra Metals sees higher net income in Q1 2023 as copper equivalent production up

(Kitco News) - Sierra Metals said today that its consolidated 2022 copper equivalent production of 64.2 million pounds decreased 29% compared to 2021 due to lower production at Yauricocha.

Sierra Metals' copper equivalent production dropped in 2022 due to lower output at Yauricocha

TORONTO--( BUSINESS WIRE )--Sierra Metals Inc . (TSX: SMT) (“Sierra Metals” or the “Company”) reports fourth quarter and full year 2022 production results. Results are from Sierra Metals' three underground mines in Latin America: The Yauricocha polymetallic mine in Peru, the copper-producing Bolivar mine and the silver-producing Cusi mine in Mexico.

Sierra Metals Reports Q4 and Full Year 2022 Production Results, Reflecting Improved Performance at Its Bolivar Mine

TORONTO--( BUSINESS WIRE )--Sierra Metals Inc. (TSX: SMT) (“Sierra Metals” or the “Company”) announced today the departure of Mr. Ed Guimaraes, the Chief Financial Officer (“CFO”) of the Company, and the appointment of Mr. José Fernández-Baca as Interim CFO.

Sierra Metals Announces Appointment of Interim CFO

TORONTO--( BUSINESS WIRE )--Sierra Metals Inc. (TSX:SMT) (“Sierra Metals” or the “Company”) announces that on December 13, 2022, the Peruvian Stock Market Superintendent (SMV) issued Resolution Nº 087-2022-SMV/11.1. This confirms the removal of the Company's securities from the Stock Market Public Registry and approves the voluntary delisting of its common shares from the Lima Stock Exchange (BVL), effective December 15, 2022.

Sierra Metals to Complete Voluntary Delisting From BVL

TORONTO--( BUSINESS WIRE )--Sierra Metals Inc. (TSX:SMT) (BVL:SMT) (“Sierra Metals” or the “Company”) announced today the resignation of Mr. Luis Marchese as the Chief Executive Officer and a Director of the Company, and the appointment, effective immediately, of Mr. Ernesto Balarezo Valdez as Interim Chief Executive Officer to lead the Company during its current strategic review process. Mr. Balarezo will also join the Board of Directors of the Company.

Sierra Metals Announces Appointment of Interim CEO

TORONTO--( BUSINESS WIRE )--Sierra Metals Inc. (TSX: SMT) (BVL or Bolsa de Valores de Lima: SMT) (“Sierra Metals” or the “Company”) will host a conference call on Wednesday November 16th, 2022, at 8:00am EST to provide attendees the opportunity to ask questions with respect to the Company's financial results for Q3 2022. The Company held its Q3 2022 earnings call earlier today, but due to technical issues attendees were not able to ask questions. Details of the November 16th, 2022 conference call are as follows:

Sierra Metals Announces Follow Up Shareholder Conference Call to Be Held on Wednesday November 16th, 2022

Sierra Metals Inc. (NYSE:SMTS ) Q3 2022 Earnings Conference Call November 15, 2022 11:30 AM ET Company Participants Christina Papadopoulos - Manager of Investor Relations Luis Marchese - Chief Executive Officer Ed Guimaraes - Chief Financial Officer Conference Call Participants Lee Cooperman - Omega Family Office Operator Hi, everyone. And welcome to the Sierra Metals Third Quarter 2022 Consolidated Financial Results.

Sierra Metals Inc. (SMTS) Q3 2022 Earnings Call Transcript

TORONTO--( BUSINESS WIRE )--Footnote (3) following the first table of release dated November 14, 2022 should read: (3) The negative working capital is largely due to the reclassification of the long-term portion of the credit facility as current, resulting from the breach of certain debt covenants as at September 30, 2022. The Company is seeking accommodation from the lending banks in the form of waivers for this non-compliance. Also in the Impairment Charge section, the following sentence was added to the first paragraph: The LOMs are not a National Instrument 43-101 technical report, but management's best estimate of future expected cash flows.

CORRECTING and REPLACING Sierra Metals Reports Consolidated Financial Results for the Third Quarter of 2022

TORONTO--( BUSINESS WIRE )--Sierra Metals Inc. (TSX: SMT) (BVL or Bolsa de Valores de Lima: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) today reported revenue of $38.8 million, a 36% decline from Q3 2021 and a 22% decline from Q2 2022, and adjusted EBITDA of $(3.9) million, a 122% decrease from Q3 2021 and a 379% decrease from Q2 2022 on throughput of 561,906 tonnes and metal production of 16.6 million copper equivalent pounds for the three-month period ended September 30, 2022.

Sierra Metals Reports Consolidated Financial Results for the Third Quarter of 2022

TORONTO--( BUSINESS WIRE )--Sierra Metals Inc. (TSX: SMT) (BVL:SMT) (NYSE American: SMTS) (“Sierra Metals” or the “Company”) confirms that it has received further correspondence from Compania Minera Kolpa S.A. (“Kolpa”) and Arias Resource Capital Management LP (“ARC”) regarding their previously announced unsolicited, non-binding letter of intent.

Sierra Metals Confirms Receipt of Further Correspondence From Compania Minera Kolpa and Arias Resource Capital Management

TORONTO--(BUSINESS WIRE)---- $SMT #SMT--Sierra Metals Inc. (TSX: SMT) (BVL:SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) reports that in connection with the previously announced strategic review process, the Company has retained CIBC Capital Markets as its financial advisor to review strategic options.

Sierra Metals Retains CIBC Capital Markets as Financial Advisor

TORONTO--(BUSINESS WIRE)---- $SMT #SMT--Sierra Metals Inc. (TSX: SMT) (BVL or Bolsa de Valores de Lima: SMT) (NYSE AMERICAN: SMTS) ("Sierra Metals" or "the Company") announces the filing at the BVL by its subsidiary, Sociedad Minera Corona S.A.

Sierra Metals Subsidiary in Peru, Sociedad Minera Corona Reports Q3 2022 Financial Results

TORONTO--(BUSINESS WIRE)---- $SMT #SMT--Sierra Metals Inc. (TSX: SMT) (BVL:SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) confirms that it received an unsolicited, non-binding letter of intent (the “LOI”) following the close of business on October 27, 2022 from Compañia Minera Kolpa S.A.

Sierra Metals Receives Non-binding Letter of Intent From Compania Minera Kolpa

TORONTO--(BUSINESS WIRE)---- $SMT #SMT--Sierra Metals Inc. (TSX: SMT) (BVL:SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) reports third quarter 2022 production results and announces its decision to voluntarily delist its common shares from the New York Stock Exchange American (“NYSE”) and the Bolsa de Valores de Lima (“BVL”).

Sierra Metals Reports Third Quarter 2022 Production Results and Announces Voluntary Delisting From NYSE American and BVL Exchanges

TORONTO--(BUSINESS WIRE)---- $SMT #SMT--Sierra Metals Inc. (TSX: SMT) (NYSE American: SMTS) (BVL or Bolsa de Valores de Lima: SMT) (“Sierra Metals” or the “Company”) announced today that a special committee comprised of its independent directors (the “Special Committee”) has initiated a process to evaluate and consider the Company's current financial and liquidity position, operational challenges and possible financing and restructuring alternatives that may be available to the Company.

Sierra Metals Provides Financial and Operations Update and Announces Strategic Review Process

TORONTO--(BUSINESS WIRE)---- $SMT #SMT--Sierra Metals Inc. (TSX: SMT) (NYSE American: SMTS) (BVL or Bolsa de Valores de Lima: SMT) (“Sierra Metals” or the “Company”) will release Q3-2022 consolidated financial results on Tuesday November 15th, 2022, after Market Close.

Sierra Metals to Release Q3-2022 Consolidated Financial Results on Tuesday November 15th, 2022

TORONTO--(BUSINESS WIRE)---- $SMT #SMT--Sierra Metals Inc. (TSX: SMT) (BVL or Bolsa de Valores de Lima: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) reports that an agreement has been reached with residents from the town of Alis following the blockade of the main access road to the Yauricocha Mine, operated by the Company's subsidiary, Sociedad Minera Corona. Efforts to ensure critical safety and maintenance have been ongoing at the mine throughout the blockade. The safety and well-being of

Sierra Metals Announces a Measured and Progressive Restart to Operations at Its Yauricocha Mine

In Q2 2022, production at Bolivar and Cusi was underwhelming and the company slipped to an adjusted net loss of $11.6 million. Cash was down to $16.4 million and production at Yauricocha has been suspended for over two weeks.

Sierra Metals: Mixed Q2 Results And A Lot Of Uncertainty

(Kitco News) - On Thursday, Sierra Metals (TSX: SMT) reported that a group of residents from the nearby town of Alis have illegally blocked the main access road to the Yauricocha mine, operated by the company's subsidiary, Sociedad Minera Corona.

Sierra Metals suspends production at its Yauricocha mine due to community protests

TORONTO--(BUSINESS WIRE)---- $SMT #SMT--Sierra Metals Inc. (TSX: SMT) (BVL or Bolsa de Valores de Lima: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) reports that a group of residents from the nearby town of Alis have illegally blocked the main access road to the Yauricocha Mine, operated by the Company's subsidiary, Sociedad Minera Corona. Mine production continues to be suspended with activities limited to critical operations to ensure proper safety and maintenance. Sierra Metals remains co

Sierra Metals Provides Update on Its Yauricocha Mine in Peru

(Kitco News) - Sierra Metals (TSX: SMT) (NYSE: SMTS) reported today that at approximately 4:00 PM Lima Time on Sunday September 11, 2022, there was a mudslide incident at its underground Yauricocha mine, located in Peru.

Sierra Metals reports fatalities at Yauricocha due to mudslide, suspends mining operations

TORONTO--(BUSINESS WIRE)---- $SMT #SMT--Sierra Metals Inc. (TSX: SMT) (BVL or Bolsa de Valores de Lima: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) regrets to report that at approximately 4:00 PM Lima Time on Sunday September 11, 2022, there was a mudslide incident at its underground Yauricocha Mine, located in Peru. As a result, three contractor employees lost their lives and one was injured. The safety and wellbeing of all employees and contractors is a major commitment and focus of the C

Sierra Metals Announces Incident at Yauricocha Mine in Peru

Sierra Metals Inc. (NYSE:SMTS ) Q2 2022 Earnings Conference Call August 12, 2022 11:00 AM ET Company Participants Christina Papadopoulos - Manager of Investor Relations Luis Marchese - Chief Executive Officer Ed Guimaraes - Chief Financial Officer Conference Call Participants Heiko Ihle - H.C. Wainwright Mark Reichman - Noble Capital Markets Leon Cooperman - Omega Family Office Operator Good morning and welcome to today's Sierra Metals Second Quarter 2022 Financial Results.

Sierra Metals Inc. (SMTS) CEO Luis Marchese on Q2 2022 Results - Earnings Call Transcript

Sierra Metals Inc. (SMTS) delivered earnings and revenue surprises of -333.33% and 23.21%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

News for Sierra Metals Stock (SMTS)