Previous Close | 0.3950 |
Open | 0.3900 |
Bid | 0.3750 x 0 |
Ask | 0.3900 x 0 |
Day's Range | 0.3700 - 0.4000 |
52 Week Range | 0.1300 - 1.2100 |
Volume | |
Avg. Volume | 101,092 |
Market Cap | 62.282M |
Beta (5Y Monthly) | 1.70 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.8100 |
Earnings Date | Aug 09, 2023 - Aug 14, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Nov 19, 2021 |
1y Target Est | 1.23 |
TORONTO, June 05, 2023--Sierra Metals Inc. (TSX: SMT) ("Sierra Metals" or the "Company") announces that its meeting materials ("Meeting Materials") for its June 28, 2023 annual and special meeting of shareholders (the "2023 Annual Meeting") will be filed under its directory on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com on Wednesday, June 7, 2023. The Company is making this announcement in response to inquiries from shareholders with respect to when the Mee
TORONTO, May 31, 2023--Sierra Metals Inc. (TSX: SMT) ("Sierra Metals" or the "Company") announced today that it has appointed Ernesto Balarezo to Chief Executive Officer and José Fernández-Baca to Chief Financial Officer, both of whom had been previously serving on an interim basis.
TORONTO, May 30, 2023--Sierra Metals Inc. (TSX: SMT) ("Sierra Metals" or the "Company") announces that, in connection with the press release dated March 13th 2023, it has finalized the definitive agreement (the "Agreement") with Banco de Credito del Peru and Banco Santander S.A. (together, the "Lenders") to refinance $18.75 million out of the $25.00 million principal debt repayment obligations that were originally due in 2023 under the Company’s senior secured credit facility. All figures in thi
TORONTO, May 18, 2023--Sierra Metals Inc. (TSX: SMT) ("Sierra Metals" or the "Company") today issues a statement in response to the news release issued by its shareholder Arias Resource Capital ("ARC") and its principal, Alberto Arias on May 15, 2023 (the "ARC News Release") and ARC’s circular dated May 11, 2023 (the "ARC Circular"). Once again, the Company believes it has an obligation to its shareholders to correct false or misleading statements made by ARC.
MIAMI, May 15, 2023 (GLOBE NEWSWIRE) -- Arias Resource Capital Fund II L.P. and Arias Resource Capital Fund II (Mexico) L.P. (the “Nominating Shareholders”), together with other affiliates of Arias Resource Capital and its principal (together with the Nominating Shareholders, “ARC”) today responded to the misleading and inaccurate statements made by the board of directors (the “Sierra Board”) of Sierra Metals Inc. (“Sierra” or the “Company”) (TSX: SMT) following the close of business on Friday,
TORONTO, May 15, 2023--Sierra Metals Inc. (TSX: SMT) ("Sierra Metals" or "the Company") today reported financial results for the three-month period ended March 31, 2023, including revenue of $58.5 million and adjusted EBITDA(1) of $15.2 million on throughput of 577,284 tonnes and metal production of 18.0 million copper equivalent pounds.
TORONTO, May 12, 2023--Sierra Metals Inc. (TSX: SMT) ("Sierra Metals" or the "Company") today issues a statement in response to recent communications materials issued by its shareholder Arias Resource Capital ("ARC"), including a news release ARC issued on May 9, 2023 (the "ARC News Release"). The Company acknowledges that it has also seen the circular issued by ARC on May 12, 2023 (the "ARC Circular") and plans to consider the contents and respond in due course.
As the largest shareholder, Arias Resource Capital has proposed a five-director slate for the Sierra Board, having prior experience in transforming Sierra Metals into a profitable US$600mm+ market cap Company.Arias Resource Capital holds approximately 27% of the shares of Sierra Metals and its proposed nominees have a track-record in improving operational efficiency, enhancing production throughput, and accessing broader financing sources and strategic partners to provide solutions for Sierra’s
Shareholders are reminded that Sierra Metals’ market capitalization has plummeted over 90% in less than two years since Arias Resource Capital representatives left the Sierra Board.In sharp contrast, Sierra Metals shareholders saw total positive returns of 93.12% as recently as FY20 (and 188.33% cumulative between 2010 and mid-2021) when Arias Resource Capital representatives were on the Sierra Board and the Company had leadership that was properly aligned to deliver high profitability and long-
TORONTO, May 03, 2023--Sierra Metals Inc. (TSX: SMT) ("Sierra Metals" or "the Company") announces the filing at the Lima Stock Exchange ("BVL") by its subsidiary, Sociedad Minera Corona S.A. ("Corona") of its unaudited Financial Statements and the Management’s Discussion and Analysis ("MD&A") for the first quarter of 2023 ("Q1 2023").
Arias Resource Capital announced today that they are nominating five new nominees – J. Alberto Arias, Derek White, Daniel Tellechea, Ricardo Arrarte, and Alonso Checa (collectively, the "ARC Nominees") – for election to the Board of Directors (the "Board") of Sierra Metals Inc. ("Sierra" or the "Company") (TSX: SMT) at Sierra's annual general and special meeting of shareholders currently scheduled to be held on June 28, 2023. Arias Resource Capital Fund II L.P. and Arias Resource Capital Fund II
TORONTO, May 02, 2023--Sierra Metals Inc. (TSX: SMT) ("Sierra Metals" or the "Company") today issues a statement in response to the news release issued by its shareholder Arias Resource Capital ("ARC") on May 1, 2023 (the "ARC Proposal").
TORONTO, April 25, 2023--Sierra Metals Inc. (TSX: SMT) ("Sierra Metals" or the "Company") is pleased to announce first quarter 2023 production results from its three underground mines in Latin America: the Yauricocha polymetallic mine in Peru, the copper-producing Bolivar mine and the silver-producing Cusi mine in Mexico. All metals prices are reported in U.S. dollars.
TORONTO, March 29, 2023--On March 29, 2023, Sierra Metals Inc. refiled its press release for the year ended December 31, 2022 to correct misaligned table figures in the 2023 Production Guidance table.
TORONTO, March 13, 2023--Sierra Metals Inc. (TSX: SMT) ("Sierra Metals" or the "Company") announced today that the Company, Banco de Credito del Peru and Banco Santander S.A. (together, the "Lenders") are engaged in advanced discussions on terms to refinance $18,750,000 of the $25,000,000 principal debt repayment obligations that are due in 2023 under the Company’s senior secured credit facility. All figures in this news release are stated in U.S. dollars.
TORONTO, February 16, 2023--Sierra Metals Inc. (TSX: SMT) ("Sierra Metals" or "the Company") announces the filing at the BVL by its subsidiary, Sociedad Minera Corona S.A. ("Corona") of its unaudited Financial Statements and the Management’s Discussion and Analysis ("MD&A") for the fourth quarter and full-year 2022.
TORONTO, January 26, 2023--Sierra Metals Inc. (TSX: SMT) ("Sierra Metals" or the "Company") reports fourth quarter and full year 2022 production results. Results are from Sierra Metals’ three underground mines in Latin America: The Yauricocha polymetallic mine in Peru, the copper-producing Bolivar mine and the silver-producing Cusi mine in Mexico.
TORONTO, January 16, 2023--Sierra Metals Inc. (TSX: SMT) ("Sierra Metals" or the "Company") announced today the departure of Mr. Ed Guimaraes, the Chief Financial Officer ("CFO") of the Company, and the appointment of Mr. José Fernández-Baca as Interim CFO.
TORONTO, December 15, 2022--Sierra Metals Inc. (TSX:SMT) ("Sierra Metals" or the "Company") announces that on December 13, 2022, the Peruvian Stock Market Superintendent (SMV) issued Resolution Nº 087-2022-SMV/11.1. This confirms the removal of the Company’s securities from the Stock Market Public Registry and approves the voluntary delisting of its common shares from the Lima Stock Exchange (BVL), effective December 15, 2022.
TORONTO, November 28, 2022--Sierra Metals Inc. (TSX:SMT) (BVL:SMT) ("Sierra Metals" or the "Company") announced today the resignation of Mr. Luis Marchese as the Chief Executive Officer and a Director of the Company, and the appointment, effective immediately, of Mr. Ernesto Balarezo Valdez as Interim Chief Executive Officer to lead the Company during its current strategic review process. Mr. Balarezo will also join the Board of Directors of the Company.
TORONTO, November 15, 2022--Sierra Metals Inc. (TSX: SMT) (BVL or Bolsa de Valores de Lima: SMT) ("Sierra Metals" or the "Company") will host a conference call on Wednesday November 16th, 2022, at 8:00am EST to provide attendees the opportunity to ask questions with respect to the Company’s financial results for Q3 2022. The Company held its Q3 2022 earnings call earlier today, but due to technical issues attendees were not able to ask questions. Details of the November 16th, 2022 conference cal
TORONTO, November 15, 2022--Footnote (3) following the first table of release dated November 14, 2022 should read: (3) The negative working capital is largely due to the reclassification of the long-term portion of the credit facility as current, resulting from the breach of certain debt covenants as at September 30, 2022. The Company is seeking accommodation from the lending banks in the form of waivers for this non-compliance. Also in the Impairment Charge section, the following sentence was a
TORONTO, November 14, 2022--Sierra Metals Inc. (TSX: SMT) (BVL:SMT) (NYSE American: SMTS) ("Sierra Metals" or the "Company") confirms that it has received further correspondence from Compania Minera Kolpa S.A. ("Kolpa") and Arias Resource Capital Management LP ("ARC") regarding their previously announced unsolicited, non-binding letter of intent.
Compañia Minera Kolpa ("Kolpa"), in conjunction with Arias Resource Capital and its affiliates ("Arias", and together with Kolpa, "we" or "us"), which are the largest shareholder of Sierra Metals Inc. ("Sierra") (TSX: SMT) (NYSE American: SMTS) (BVL or Bolsa de Valores de Lima: SMT), today announced the delivery of a new letter to the Board of Directors of Sierra (the "Board") highlighting certain key terms of the proposed business combination between Sierra and Kolpa, with a concurrent financin
Avino Silver (ASM) delivered earnings and revenue surprises of -100% and 22.73%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?