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Sierra Metals (SMT) vs. S&P 500 (SPY)
Sierra Metals Business Overview & Revenue Model
Sierra Metals Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 252.23M | 229.54M | 192.12M | 272.01M | 246.89M | 229.04M | Gross Profit |
| 67.79M | 51.84M | 5.47M | 81.22M | 81.58M | 57.76M | EBIT |
| 22.18M | 13.66M | -75.82M | 40.91M | 51.12M | 28.51M | EBITDA |
| 61.98M | 48.02M | 3.32M | 86.98M | 91.39M | 63.70M | Net Income Common Stockholders |
| -4.44M | -19.33M | -87.50M | -22.11M | 23.42M | 9.42M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 9.12M | 9.12M | 5.07M | 34.93M | 71.47M | 42.98M | Total Assets |
| 314.12M | 314.12M | 310.44M | 396.82M | 439.59M | 411.45M | Total Debt |
| 86.01M | 86.01M | 89.01M | 83.44M | 100.46M | 100.07M | Net Debt |
| 76.89M | 76.89M | 83.93M | 48.51M | 28.99M | 57.09M | Total Liabilities |
| 204.26M | 204.26M | 194.25M | 192.19M | 199.38M | 199.43M | Stockholders Equity |
| 75.26M | 75.26M | 81.61M | 169.25M | 201.00M | 176.78M |
| Cash Flow | Free Cash Flow | ||||
| 524.00K | 6.19M | -30.99M | 473.00K | 31.01M | -15.03M | Operating Cash Flow |
| 55.13M | 50.19M | 7.26M | 72.25M | 66.98M | 39.59M | Investing Cash Flow |
| -51.98M | -43.99M | -38.26M | -71.77M | -34.25M | -54.62M | Financing Cash Flow |
| -2.85M | -2.23M | 1.12M | -36.89M | -4.07M | 36.16M |
Sierra Metals Technical Analysis
Sierra Metals Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $4.06B | 36.82 | 3.40% | 0.21% | 42.67% | 718.35% | |
66 Neutral | $9.86B | 25.63 | -4.60% | 3.39% | -2.71% | -188.94% | |
61 Neutral | $14.97B | ― | 0.02% | ― | -24.38% | 99.06% | |
58 Neutral | $165.30M | ― | -5.49% | ― | 15.15% | 94.06% | |
56 Neutral | $6.09B | 51.52 | -3.82% | ― | 12.21% | ― | |
47 Neutral | $2.64B | -4.00 | -31.55% | 3.33% | 2.93% | -29.90% | |
42 Neutral | C$74.78M | ― | -0.95% | ― | ― | 11.11% |
Sierra Metals Earnings Call Summary
Sierra Metals Corporate Events
Sierra Metals has announced that the Toronto Stock Exchange (TSX) will defer its decision on the company’s shareholder rights plan adopted in response to a hostile takeover bid by Alpayana S.A.C. The plan remains effective and aims to protect shareholder interests against the unsolicited bid for Sierra’s common shares. The TSX’s deferral is a standard procedure in takeover situations, and the rights plan will stay in effect for at least six months unless terminated earlier.
Sierra Metals has announced promising drill results from its Bolivar Mine in Mexico, revealing higher copper grades than previously reported. These findings suggest a significant potential for resource expansion, with the mineralized body potentially extending by additional meters both along the strike and vertically. This could enhance the mine’s value and align with Sierra Metals’ strategy of resource replacement and growth, benefiting stakeholders.
Sierra Metals announced record throughput for Q4 2024 and annual production results that exceeded guidance for copper, silver, gold, and zinc, with lead production meeting expectations. This achievement underscores the company’s strong operational performance and strategic investments aimed at increasing throughput and resource growth at its Latin American mines. The company anticipates continued exploration and optimization efforts to expand mineral resources, ensuring robust cash flows and long-term value for shareholders.
Sierra Metals’ Board of Directors has unanimously rejected a hostile takeover bid by Alpayana S.A.C., citing that the offer undervalues the company’s assets and growth potential. The company is poised for significant growth in 2025, with an expected increase in EBITDA to approximately $130 million, driven by higher production at its Yauricocha and Bolivar mines.
Sierra Metals has introduced a shareholder rights plan to ensure fair treatment for all shareholders during take-over bids, safeguarding against ‘creeping bids.’ The plan allows shareholders to purchase additional shares at a discount if certain conditions are met, though it requires approval from shareholders and the Toronto Stock Exchange.
Sierra Metals is planning a special shareholder meeting to discuss a proposed consolidation of its common shares, aiming to enhance marketability and attract a wider range of investors. The company has optimized its operations over the last two years, achieving increased production capacity and profitability across its mines, while also divesting its Cusi Mine to focus on core operations.
Sierra Metals has announced its 2025 production and cost guidance for its Yauricocha and Bolivar mines, expecting full capacity operations throughout the year. The company anticipates increased metal production and a stronger cost structure at Yauricocha, while maintaining a steady cost structure at Bolivar despite lower projected grades.
Sierra Metals has successfully increased its Yauricocha mine’s throughput capacity to 3,600 tonnes per day, marking a 30% increase from the previous year. This achievement comes after the completion of mine development below the 1120 level, promising an extended mine life and reduced operating costs.
Sierra Metals reports significant financial growth in Q3 2024, with revenues and EBITDA showing substantial increases compared to previous quarters. The company expects to surpass its annual production guidance, driven by strong performances at its Yauricocha and Bolivar mines. Improved operations and rising metal prices have bolstered cash flows, enhancing Sierra Metals’ financial position.