Sierra Metals CFO Discusses Q3 Earnings and Plans for $40M of Cash

Capital 10X interviewed Sierra Metals [stock_market_widget type="inline" template="generic" color="default" assets="SMT.TO" markup="(TSX: {symbol} {currency_symbol}{price} ({change_pct}))" api="yf"][stock_market_widget type="inline" template="generic" color="default" assets="SMTS" markup="(NYSE: {symbol} {currency_symbol}{price} ({change_pct}))" api="yf"] CFO Ed Guimaraes to dive deeper into their solid Q3 performance. This includes a review of how the company has grown into a diversified miner, the start of a cash harvesting period, and how the different mines are performing.

He also provides an overview of the expected performance in the coming quarters, the upcoming 43-101s, and plans for the $40 million of cash on the balance sheet now that they are cash-flow positive.

With M&A, dividends, and larger share buy-backs on the table, there is a lot to like about the Sierra Metals story.

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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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