Sierra Metals (SMTS) Misses Q1 EPS by 3c

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Go back to Sierra Metals (SMTS) Misses Q1 EPS by 3c

Sierra Metals Reports Consolidated Financial Results for the First Quarter Of 2022

May 11, 2022 5:05 PM EDT

Conference Call May 12, 2022 At 11:00 AM (EDT)

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(All $ figures reported in USD)

Revenue from metals payable of $57.2 million in Q1 2022, an 18% decrease from $69.6 million in Q1 2021 and an 8% decrease from Q4, 2021. Adjusted EBITDA of $16.0 million in Q1 2022, a 43% decrease from $27.9 million in Q1 2021 and a 15% decrease from Q4, 2021. Operating cash flows before movements in working capital of $10.7 million in Q1 2022, a 58% decrease from $25.3 million in Q1 2021 and a 31% decrease of from Q4, 2021. Copper equivalent production of 15.9 million pounds; a 38% decrease... More