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Sierra Metals
(OTC:SMT)
Sierra Metals (SMT) vs. iShares MSCI Canada ETF (EWC)
Sierra Metals Business Overview & Revenue Model
Sierra Metals Earnings Call Summary
Sierra Metals Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 295.57M | 272.63M | 229.54M | 165.23M | 272.01M | 246.89M |
| Gross Profit | 80.97M | 65.70M | 51.84M | 35.39M | 81.22M | 81.58M |
| EBITDA | 70.83M | 54.37M | 48.63M | 3.32M | 53.02M | 96.49M |
| Net Income | 22.56M | 15.78M | -19.33M | -87.50M | -27.36M | 23.42M |
Balance Sheet | ||||||
| Total Assets | 378.93M | 361.01M | 314.12M | 310.44M | 396.82M | 439.59M |
| Cash, Cash Equivalents and Short-Term Investments | 22.36M | 19.83M | 9.12M | 5.07M | 34.93M | 71.47M |
| Total Debt | 82.97M | 95.74M | 86.01M | 89.01M | 83.44M | 100.46M |
| Total Liabilities | 234.00M | 226.56M | 204.26M | 194.25M | 192.19M | 199.38M |
| Stockholders Equity | 109.17M | 101.13M | 75.26M | 81.61M | 169.25M | 201.00M |
Cash Flow | ||||||
| Free Cash Flow | 7.96M | 5.50M | 6.19M | -30.99M | 473.00K | 31.01M |
| Operating Cash Flow | 75.89M | 65.15M | 50.19M | 7.26M | 72.25M | 66.98M |
| Investing Cash Flow | -65.75M | -57.02M | -43.99M | -38.26M | -71.77M | -34.25M |
| Financing Cash Flow | 970.00K | 2.65M | -2.23M | 1.12M | -36.89M | -4.07M |
Sierra Metals Technical Analysis
Sierra Metals Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | C$248.56M | 7.36 | 26.39% | ― | 25.53% | ― | |
50 Neutral | C$240.05M | ― | -30.68% | ― | ― | ― | |
44 Neutral | C$953.01M | -6.70 | -13.31% | 2.79% | 17.55% | -32.28% | |
37 Underperform | C$296.69M | ― | -5.29% | ― | ― | -43.69% | |
33 Underperform | C$291.50M | ― | -57.36% | ― | ― | -62.76% | |
30 Underperform | $247.78M | 149.61 | -0.07% | ― | ― | ― | |
18 Underperform | C$260.95M | ― | 75.60% | ― | ― | -73.03% |
Sierra Metals Corporate Events
Sierra Metals has announced an annual general and special meeting of shareholders to be held on July 29, 2025, which will address both the annual business and specific matters requested by Alpayana S.A.C. The decision to combine the meetings was made to avoid the costs of holding separate meetings while still addressing the requisitioned matters. The Board of Directors is committed to operating in the best interests of stakeholders and is open to engaging with Alpayana on a transition plan.
The most recent analyst rating on (TSE:SMT) stock is a Hold with a C$1.10 price target. To see the full list of analyst forecasts on Sierra Metals stock, see the TSE:SMT Stock Forecast page.
Sierra Metals has reminded its shareholders of the impending deadline to tender shares to Alpayana’s all-cash offer of $1.15 per common share. Alpayana has extended the offer period until May 23, 2025, and has already acquired approximately 86.7% of Sierra’s common shares. Despite Sierra’s efforts to negotiate a full acquisition, Alpayana has not committed to a second-step transaction to acquire 100% of the shares. Shareholders are advised to tender their shares promptly, as remaining minority shareholders could face reduced liquidity and market value of their shares, and potential conflicts of interest with Alpayana as the controlling shareholder.
The most recent analyst rating on (TSE:SMT) stock is a Hold with a C$1.10 price target. To see the full list of analyst forecasts on Sierra Metals stock, see the TSE:SMT Stock Forecast page.
Sierra Metals reported a strong financial performance for Q1 2025, with revenues increasing by 36% to $86.1 million compared to Q1 2024, driven by higher metal production, particularly at the Yauricocha mine. The company’s adjusted EBITDA saw a significant rise of 114%, reflecting improved operational efficiency and increased metal output, positioning Sierra Metals favorably within the mining sector and enhancing its financial stability.
Sierra Metals has responded to an increased takeover bid from Alpayana S.A.C., raising the offer price to C$1.15 per share. Despite the premium offered, the Board has made no recommendation to shareholders, citing the conditionality and uncertainty of the offer. The Board encourages shareholders to review the details carefully, as the offer provides a significant premium to market price and offers liquidity and certainty of value amidst volatile markets.
Sierra Metals has acknowledged receipt of an amended bid from Alpayana S.A.C., which has increased its offer price to acquire all common shares of the company from C$1.11 to C$1.15 per share. The company’s board of directors is reviewing the bid and plans to make a recommendation to shareholders soon. The bid’s expiry has been extended to May 12, 2025, but remains subject to numerous conditions at Alpayana’s discretion, which could impact Sierra Metals’ operations and stakeholder decisions.
Sierra Metals’ subsidiary, Sociedad Minera Corona, has filed its unaudited financial results for Q1 2025 at the Lima Stock Exchange. The company holds an 81.84% interest in Corona. This announcement highlights Sierra Metals’ ongoing financial transparency and commitment to its stakeholders, potentially impacting its market position and investor confidence.
Sierra Metals has reached an agreement in principle with Alpayana for an all-cash take-over bid, where Alpayana Canada will acquire all common shares of Sierra Metals for CDN $1.15 per share. The bid has the unanimous support of Sierra Metals’ Board of Directors and a fairness opinion from BMO Capital Markets. The agreement is expected to be finalized by April 30, 2025, with an extended deadline for shareholders to tender their shares by May 12, 2025. This acquisition could significantly impact Sierra Metals’ operations and market positioning, offering potential growth and stability for stakeholders.
Sierra Metals reported a strong start to 2025 with an 18% increase in consolidated ore throughput and a 14% rise in copper production compared to the previous year. The Yauricocha mine in Peru saw a significant boost in copper output, more than doubling due to higher throughput and improved grades, while the Bolivar mine in Mexico experienced declines in production due to lower grades and weather-related disruptions. These results reflect successful operational improvements and position the company for continued growth and value delivery to shareholders.
Sierra Metals has reiterated its recommendation for shareholders to reject Alpayana’s amended hostile takeover bid, which has increased the offer price from C$0.85 to C$1.11 per share. The board of directors believes the revised offer still undervalues the company, citing strong financial performance and potential for greater value in its assets. The company has addressed Alpayana’s claims regarding its financial guidance and potential financing, emphasizing its improved balance sheet and significant operational turnaround.
Sierra Metals Inc. has acknowledged a press release from Alpayana S.A.C. regarding an intention to revise its unsolicited all-cash takeover bid for Sierra’s common shares. The company advises its shareholders to take no action until the Board of Directors provides a recommendation on the amended bid. Sierra remains committed to its long-term strategy of delivering superior value and is actively exploring additional alternatives through negotiations with third parties.