Sierra Metals Reports Strong Q4-2019 Financial Results at Its Sociedad Minera Corona Subsidiary in Peru
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
TORONTO--(BUSINESS WIRE)--Sierra Metals Inc. (TSX:SMT, BVL:SMT) (“Sierra Metals” or the “Company”) announces the filing of Sociedad Minera Corona S.A.’s (“Corona”) audited Financial Statements and the Management Discussion and Analysis (“MD&A”) for the fourth quarter of 2019 (“Q4 2019”).This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200218005393/en/Yauricocha Mine Peru (Photo: Business Wire)The Company holds an 81.8% interest in Corona. All amounts are presented in US dollars unless otherwise stated and have not been adjusted for the 18.2% non-controlling interest.Corona’s Highlights for the Three Months Ended December 31, 2019Revenues of US$42.2 million vs. US$39.2 million in Q4 2018Adjusted EBITDA of US$17.9 million vs. US$17.6 million in Q4 2018Total tonnes processed of 321,701, a 20% increase and a new record vs. 268,363 in Q4 2018Net production revenue per tonne of ore milled decreased by 5% to US$136.82Cash cost p
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