Thursday, January 23, 2020
10:27 AM EST – Sierra Metals Inc. : Reported fourth-quarter 2019 and full year 2019 production results, as well as 2020 guidance for production, cost, EBITDA and capex. Results are from Sierra Metals’ three underground mines in Latin America: The Yauricocha polymetallic mine in Peru, and the Bolivar copper and Cusi silver mines in Mexico. Highlights are as follows: Silver production was 3.4 million ounces; a 24% increase from 2018. Copper production was 39.9 million pounds; a 17% increase from 2018. Zinc production was 81.1 million pounds; a 6% increase from 2018. Lead production was 35.5 million pounds; a 28% increase from 2018. Gold production was 11,632 ounces; a 50% increase from 2018. It all added up to a total of 2.7 million tonnes processed; a 15% increase from 2018. Sierra Metals Inc. (T.SMT) shares were up $0.08 at 2.17.
Stocks in Play: Sierra Metals Inc., Thu, 23 Jan 2020 10:42:58 EST