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Excellent cash flow supports production expansion
Sierra Metals is a diversified Canadian mining company. They're focused on the production and development of precious and base metals from its polymetallic Yauricocha Mine in Peru, and Bolivar and Cusi Mines in Mexico.
The company is also focused on increasing production volume and growing mineral resources. Sierra Metals has recently had several new key discoveries. In fact, they still have many more exciting brownfield exploration opportunities at all three Mines in Peru and Mexico that are within close proximity to the existing mines. Additionally, Sierra has large land packages at all three mines with several prospective regional targets providing longer-term exploration 1 upside and mineral resource growth potential.
Sierra Metals has a positive P.E.A. and excellent cash flow that supports production expansion. Moreover, the company continues to strive towards its objective of becoming Latin America’s premier low-cost precious and base metals producer. They aim to achieve this by increasing their production profile, lowering costs and growing mineral reserves and resources.
For more information on Sierra Metals Inc. (TSX: SMT, NYSE: SMTS) please fill out the form below.
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