| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
157 |
| Employees |
2,000 |
| Revenues (TTM) (Millions $) |
232 |
| Net Income (TTM) (Millions $) |
26 |
| Cash Flow (TTM) (Millions $) |
24 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Sierra Metals Inc. is a mining company that explores, develops, and produces mineral resources. The company operates in several countries, including Peru, Mexico, and Canada. Sierra Metals has a strong commitment to sustainability and social responsibility, recognizing the importance of protecting the environment, supporting local communities, and maximizing the value of their operations.
Sierra Metals has three operating assets: the Yauricocha Mine in Peru, the Bolivar Mine in Mexico, and the Cusi Mine in Mexico. The Yauricocha Mine produces lead, zinc, copper, silver, and gold, while the Bolivar Mine produces copper, gold, and silver. The Cusi Mine produces silver, lead, and zinc. These mines are all underground operations, and Sierra Metals employs modern mining techniques to maximize efficiency and safety.
The company has a strong history of growth and expansion, with a proven track record of successful acquisitions and development projects. In 2020, Sierra Metals completed the acquisition of the remaining 81% interest of the Cusi Mine in Mexico, and also announced plans for a new copper-gold-molybdenum project in Peru.
Sierra Metals places significant emphasis on sustainability and social responsibility. The company has implemented various initiatives to reduce waste and emissions, conserve water and energy, and support local communities. For example, the Yauricocha Mine has implemented a Tailings Impoundment Dam Safety Program to minimize the impact of tailings on the environment. Additionally, the company has established a number of programs to promote education, health, and economic development in the communities in which it operates.
Overall, Sierra Metals Inc. is a well-established mining company that is committed to responsible and sustainable operations. The company's focus on growth, innovation, and community engagement has allowed it to succeed in a competitive industry while maintaining a positive impact on the environment and society.
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