Sierra Metals Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Ernesto Balarezo Valdéz
- Full Time Employees
- 1,170
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 161 Bay Street Toronto ON Canada M5J 2S1
- IPO Date
- Mar 7, 2008
- CIK
- 0001705259
- Website
- sierrametals.com
- Similar Companies
- Business
- Sierra Metals Inc. is a Canadian-based mining company primarily engaged in the production, exploration, and development of copper, with additional base and precious metals by-product credits, including silver, lead, zinc, and gold. Its core operations include the polymetallic Yauricocha Mine located in the Yauyos province of Peru, where copper, lead, zinc concentrates with high silver and gold components are produced, and the Bolivar Mine in Mexico, which the company owns 100% and is focused on copper production. Sierra Metals also offers exploration services targeting near-mine and regional mineral resource growth opportunities with significant land packages totaling over 50,000 hectares in Peru and additional properties in Mexico. The company serves the base and precious metals markets, catering to customers in the mining and metallurgical sectors across Latin America. Founded in 1996 and headquartered in Toronto, Canada, Sierra Metals has grown as a mid-tier mining producer operating in well-established mining jurisdictions. Recently, Sierra Metals experienced a major corporate change with the completion of a privatization transaction in August 2025, becoming a wholly owned subsidiary of Alpayana S.A.C., a Peruvian mining group. This followed a successful amalgamation approved by 99.95% of shareholders and an all-cash acquisition offer at C$1.15 per share by Alpayana, which aimed to leverage economies of scale, reduce debt, and support capex for growth. The company has reported strong financial performance in recent quarters, driven by increased metal production and higher commodity prices, with adjusted EBITDA increasing significantly in 2025. Operationally, Sierra Metals continues to focus on expanding production volumes safely while advancing multiple new mineral discoveries and brownfield exploration projects near its existing mines in Peru and Mexico. The company, formerly known as Dia Bras Exploration Inc. before changing its name to Sierra Metals Inc. in 2012, operates mainly in the materials and industrial metals sectors. Its subsidiaries include Dia Bras Peru S.A.C., which holds the Yauricocha Mine, and it operates under the name Sierra Metals post-acquisition. Sierra Metals is positioned as a diversified mid-tier copper producer with strategic emphasis on growth through exploration and mine development in Latin America, targeting sustainable and profitable mining operations in Peru and Mexico. The acquisition by Alpayana marks a significant strategic shift aimed at enhancing Sierra Metals' operational efficiencies and financial flexibility to capitalize on metal market opportunities in the region. In summary, Sierra Metals Inc. produces copper and associated base and precious metals concentrates, operates significant mining assets in Peru and Mexico, and has recently undergone a transformative acquisition by Alpayana S.A.C., reflecting a major strategic and operational development within the last two years. It remains focused on organic growth and resource expansion in established mining jurisdictions in Latin America. This description reflects Sierra Metals' latest corporate profile, product offerings, geographic footprint, founding history, and recent key corporate developments as of 2025.
Sierra Metals Announces Results of 2025 Annual General and Special Meeting Including Approval of the Second-Step Acquisition of Sierra Metals by Alpayana
Sierra Metals Subsidiary in Peru, Sociedad Minera Corona Reports Q2 2025 Financial Results
Sierra Metals Responds to Inflammatory and Untrue Statements by Alpayana
Sierra Metals Calls Annual General and Special Meeting of Shareholders
Sierra Metals Reminds Shareholders of Impending Deadline to Tender Shares to Alpayana Offer
Sierra Metals Reports First Quarter 2025 Consolidated Financial Results
Sierra Metals Acknowledges Receipt of Amended Bid
Sierra Metals Subsidiary in Peru, Sociedad Minera Corona Reports Q1 2025 Financial Results
Sierra Metals and Alpayana Reach Agreement in Principle for CDN $1.15 All-Cash Supported Take-Over Bid and Extends Offer
Sierra Metals Reports First Quarter 2025 Production Results
Sierra Metals Reiterates Recommendation to Take No Action as Alpayana Amends Hostile Bid
Sierra Metals Inc. (SMTSF) Q4 2024 Earnings Call Transcript
Sierra Metals Reports Strong Fourth Quarter and Full Year 2024 Financial and Operating Results
Sierra Metals Provides a Corporate Update
Sierra Metals Announces Change to Q4 2024 & FY 2024 Financial and Operating Results Date
Sierra Metals Provides Update on Shareholder Rights Plan
Sierra Metals Announces Drill Results from its Bolivar Mine in Mexico
Sierra Metals Achieves Record Q4 2024 Throughput, Annual Production Results Exceeding Guidance
Sierra Metals Adopts Shareholder Rights Plan
Sierra Metals Announces Majority of Shareholders Reject Proposed Take-over Bid from Alpayana as Inadequate