Sierra Metals Reports Consolidated Financial Results for the Second Quarter of 2019 Conference Call August 15, 2019 at 10:30 AM (EDT)
Sierra Metals Inc. (SMTS)
Last sierra metals inc. earnings: 11/13 05:15 pm
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US:NASDAQ Investor Relations:
sierrametals.com/investors/default.aspx
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Source: Business Wire
(All $ figures reported in USD)Adjusted EBITDA of $12.6 million in Q2 2019 decreased from $28.9 million in Q2 2018, primarily due to lower realized metal prices and the illegal strike at YauricochaOperating cash flows before movements in working capital of $12.8 million in Q2 2019 decreased from $29.5 million in Q2 2018Revenue from metals payable of $50.7 million in Q2 2019 decreased from $62.7 million in Q2 2018 due to lower throughput and higher treatment and refining charges incurred at Yauricocha, and lower realized metal prices for all metals, except goldQ2 2019 consolidated copper production of 9.7 million pounds, consolidated silver production of 0.8 million ounces, consolidated zinc production of 16.6 million pounds, consolidated lead production of 8.1 million pounds, and consolidated gold production of 2,540 ounces; a 13% increase, 21% increase, 18% decrease, 14% increase, and a 40% increase respectively, compared to Q2 2018, management expects that annual production guidance
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