Sierra Metals (SMTS) Reports In-Line Q3 EPS
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Sierra Metals Reports Solid Consolidated Financial Results for the Third Quarter of 2019, Including an 18% Increase in Adjusted EBITDA Conference Call November 14, 2019 at 10:30 AM (EST)
November 13, 2019 5:15 PM EST(All $ figures reported in USD)
Revenue from metals payable of $64.6 million in Q3 2019 increased 22% from $53.0 million in Q3 2018 due to higher throughput and metal production from all three mines; Adjusted EBITDA of $21.6 million in Q3 2019 increased 18% from $18.2 million in Q3 2018, primarily due to increased revenues realized from all three mines; Operating cash flows before movements in working capital of $21.8 million in Q3 2019 increased from $18.1 million in Q3 2018 Q3 2019 consolidated copper production of 11.1 million pounds, consolidated silver production of 1.0 million ounces, consolidated zinc production of 22.5 million pounds, consolidated lead production... More