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Sierra Metals (SMTSF)
OTHER OTC:SMTSF
Earnings Data
Report Date
May 19, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.03Last Year’s EPS
0.02Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 26, 2025
|% Change Since: -1.75%
|Next Earnings Date:May 19, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted Sierra Metals' strong operational and financial performance in 2024, with record revenue and production increases. Despite high capital expenditures and uncertainties due to an unsolicited takeover bid, the company showed significant growth and improvement, particularly in operational capabilities and resource expansion. The overall sentiment is positive due to the outweighing positive developments.Company Guidance
During the Sierra Metals Inc. Q4 and full-year 2024 results conference call, significant achievements were outlined, including surpassing production guidance for the year. The company reported an 11% increase in throughput rates over 2023, leading to a 10% rise in copper production. Yauricocha achieved record Q4 throughput of 798,000 tonnes, a 31% increase from the previous year, while Bolivar consistently operated at its capacity of 5,000 tonnes per day. Financially, Sierra Metals recorded a 19% increase in revenues to over $272 million and a 44% rise in adjusted EBITDA to $74.2 million. The company also managed to reduce its net debt-to-EBITDA ratio to one times. Looking forward, Sierra Metals anticipates further production growth in 2025, with expectations to increase copper, zinc, silver, and lead output while reducing all-in sustaining costs at Yauricocha by 20%. EBITDA is projected to grow to around $100 million, reflecting a 76% increase over 2024.Record Revenue and Production
Sierra Metals achieved record revenues of over $272 million in 2024, a 19% increase over 2023. The company also exceeded 2024 production guidance, with throughput rates 11% higher than in 2023.
Operational Improvements at Yauricocha and Bolivar
Yauricocha achieved throughput rates 31% higher in Q4 2024 compared to Q4 2023. Bolivar consistently produced at its capacity of 5,000 tonnes per day and beyond, with a 10% increase in throughput rates compared to 2023.
Strong Financial Performance
Adjusted EBITDA from continuing operations was $74.2 million in 2024, a significant increase of 44% from 2023. Cash flow from operating activities before movements in working capital was $69.5 million, 60% higher than in 2023.
Debt Refinancing
Refinancing long-term debt into a $95 million facility enhanced working capital and financial flexibility.
Exploration and Resource Expansion
Nearly 44,000 meters were drilled at Bolivar in 2024 to expand resources. At Yauricocha, over 20,000 meters of diamond drilling was conducted to replace depleted resources.
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SMTSF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SMTSF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 26, 2025 | $0.57 | $0.58 | +1.75% |
| Nov 07, 2024 | $0.59 | $0.62 | +5.08% |
| Aug 09, 2024 | $0.49 | $0.47 | -4.08% |
| May 13, 2024 | $0.58 | $0.61 | +5.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sierra Metals (SMTSF) report earnings?
Sierra Metals (SMTSF) is schdueled to report earning on May 19, 2025, TBA Not Confirmed.
What is Sierra Metals (SMTSF) earnings time?
Sierra Metals (SMTSF) earnings time is at May 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SMTSF EPS forecast?
SMTSF EPS forecast for the fiscal quarter 2025 (Q1) is 0.03.
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