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Sierra Metals ( (TSE:SMT) ) just unveiled an update.
Sierra Metals reported a record revenue of $272 million for the full year 2024, marking a 19% increase over the previous year. The company also achieved an adjusted EBITDA of $74.2 million, a 40% increase from 2023, and exceeded its annual production guidance. The fourth quarter was particularly strong, with record revenue of $81 million and a 19% increase in throughput rates. These results reflect Sierra Metals’ improved operational efficiency and cost management, positioning the company for continued growth and enhanced shareholder value in 2025.
More about Sierra Metals
Sierra Metals Inc. is a mining company operating in the metals industry, focusing on the production of copper, zinc, silver, gold, and lead. The company operates primarily in Latin America and is listed on the TSX, OTCQX, and BVL exchanges.
YTD Price Performance: 0.53%
Average Trading Volume: 89,030
Technical Sentiment Signal: Hold
Current Market Cap: $120.2M
See more insights into SMT stock on TipRanks’ Stock Analysis page.