Sierra Metals (SMTS) Reports In-Line Q2 EPS, Revenues Beat

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Sierra Metals Reports Solid Consolidated Financial Results for the Second Quarter of 2020, Despite COVID-19 Interruptions

August 13, 2020 5:05 PM EDT

Issuing Revised Production Guidance

Conference Call August 14, 2020 at 10:30 AM (EDT) Registration Link Below

(All $ figures reported in USD)

Adjusted EBITDA of $12.6 million in Q2 2020 in-line with Q2 2019, as lower revenues due to COVID government mandated curtailments were partially offset by reduced operating costs Operating cash flows before movements in working capital of $13.2 million in Q2 2020 increased from $12.8 million in Q2 2019 Revenue from metals payable of $41.9 million in Q2 2020 decreased from $50.7 million in Q2 2019 as the COVID-19 pandemic impacted quarterly production and metal... More