PROFIT & LOSS

Sierra remains cautious about outlook

Sierra Metals CEO Luis Marchese says the company is continuing to view the outlook for its operations in Peru and Mexico cautiously after it delivered June-quarter earnings and cash flows in line with the same period a year ago despite COVIV-19-related shutdowns and uncertainties presenting Sierra with the “biggest challenge in its history”.

Staff reporter
Bolivar in Mexico

Bolivar in Mexico

Adjusted EBITDA of US$12.6 million and operating cash flows before movements in working capital of $13.2 million were in line with, or better than, Q2 2019, Sierra Metals reported. Revenue from metals...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.