Categories: MetalsVideos

Sierra Metals CFO Discusses Substantial 2020 EBITDA Guidance and Distribution to Shareholders

Capital 10X interviews Sierra Metals (TSX: SMT, NYSE: SMTS) CFO Ed Guimaraes to discuss the company’s 2020 outlook.

As a polymetallic miner, Sierra Metals benefits from the structural pricing strength of Copper and Silver. After expanding operations significantly over the past years, 2020 is now a period of cash harvesting.

Mr. Guimaraes outlines Sierra Metals 2020 guidance, including their inaugural EBITDA guidance. We also discuss projected cash flows for the year, and Sierra’s plans to return US$30 million capital to shareholders in 2020.

The interview finishes with a discussion of the release of 43-101’s for their mines, and how they are thinking about life of mine at their three operating assets.

Sierra Metals is a market awareness client of Capital 10X.

The opinions provided in this article are those of the author and do not constitute investment advice. Readers should assume that the author and/or employees of Capital 10X hold positions in the company or companies mentioned in the article. For more information, please see our Content Disclaimer.

Evan Veryard

Evan Veryard has a Bachelor's of Chemical Engineering from McGill University and a MaSc. of Chemical Engineering from RMC. He has over 6 years of research experience focusing on industrial materials. Address: 682 Indian Road, Toronto, Ontario, M6P 2C9. Phone: 416-721-8257.

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