Sierra Metals Us (TSE:SMT) has released an update.
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Sierra Metals Inc. reports a robust start to 2024 with their Q1 financial results showcasing a 65% revenue increase to $63.1 million compared to Q1 2023, and a significant rise in Adjusted EBITDA to $17.9 million. The company highlights record metal production at Bolivar and operational advancements at Yauricocha, with positive operating cash flow and improved balance sheet. Sierra Metals reaffirms its 2024 production and cost guidance, anticipating full production capacity by Q4 2024.
For further insights into TSE:SMT stock, check out TipRanks’ Stock Analysis page.
