Wednesday, November 18, 2020
12:13 PM EST – Sierra Metals Inc. : Reported the results of a Preliminary Economic Assessment regarding the Company’s Yauricocha Mine, located in Peru. Highlights of the PEA include: After-tax Net Present Value (NPV): $333 Million U.S. at an 8% discount rate; Plant Processing Rate after expansion: 5,500 tonnes per day (TPD); Incremental benefit of increasing the production to 5,500 TPD from 3,780 TPD is estimated to have an after tax NPV (@8%) of $27.1 Million U.S., and IRR of 29.5%; Net After-tax Cash Flow: $495 Million U.S. Sierra Metals Inc.
(T.SMT ) shares were up $0.04 at 3.43.
Stocks in Play: Sierra Metals Inc., Wed, 18 Nov 2020 12:15:12 EST