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Sierra Metals Subsidiary in Peru, Sociedad Minera Corona Reports Q1 2024 Financial Results

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Sierra Metals' subsidiary, Sociedad Minera Corona, has reported its Q1 2024 financial results, showing an 81.8% interest in the company. Sierra Metals will release its consolidated financial results on May 10, 2024, focusing on copper production in Peru and Mexico, with a goal of increasing production volume and mineral resources.

La filiale di Sierra Metals, Sociedad Minera Corona, ha comunicato i risultati finanziari del primo trimestre del 2024, mostrando un interesse dell'81,8% nell'azienda. Sierra Metals pubblicherà i risultati finanziari consolidati il 10 maggio 2024, concentrandosi sulla produzione di rame in Perù e Messico, con l'obiettivo di aumentare il volume di produzione e le risorse minerarie.
La subsidiaria de Sierra Metals, Sociedad Minera Corona, ha reportado sus resultados financieros del primer trimestre de 2024, mostrando una participación del 81.8% en la compañía. Sierra Metals publicará sus resultados financieros consolidados el 10 de mayo de 2024, enfocándose en la producción de cobre en Perú y México, con el objetivo de incrementar el volumen de producción y los recursos minerales.
시에라 메탈스의 자회사인 소시에다드 미네라 코로나가 2024년 1분기 재무 결과를 보고하여 회사 지분 81.8%를 나타냈습니다. 시에라 메탈스는 2024년 5월 10일에 페루와 멕시코의 구리 생산에 중점을 두고 합병 재무 결과를 발표할 예정이며, 생산량과 광물 자원의 증가를 목표로 하고 있습니다.
La filiale de Sierra Metals, Sociedad Minera Corona, a rapporté ses résultats financiers pour le premier trimestre de 2024, révélant une participation de 81,8% dans l'entreprise. Sierra Metals publiera ses résultats financiers consolidés le 10 mai 2024, en se concentrant sur la production de cuivre au Pérou et au Mexique, dans le but d'augmenter le volume de production et les ressources minérales.
Die Tochtergesellschaft von Sierra Metals, Sociedad Minera Corona, hat ihre Finanzergebnisse für das erste Quartal 2024 berichtet und zeigt ein Interesse von 81,8% an dem Unternehmen auf. Sierra Metals wird am 10. Mai 2024 seine konsolidierten Finanzergebnisse veröffentlichen, die sich auf die Kupferproduktion in Peru und Mexiko konzentrieren, mit dem Ziel, das Produktionsvolumen und die Mineralressourcen zu erhöhen.
Positive
  • Sierra Metals subsidiary, Sociedad Minera Corona, reported Q1 2024 financial results, showcasing an 81.8% interest in the company.
  • Sierra Metals aims to increase production volume and grow mineral resources with recent key discoveries and brownfield exploration opportunities in Peru and Mexico.
Negative
  • None.

TORONTO--(BUSINESS WIRE)-- Sierra Metals Inc. (TSX: SMT | OTCQX: SMTSF) ("Sierra Metals" or "the Company") announces the filing at the Lima Stock Exchange (“BVL”) by its subsidiary, Sociedad Minera Corona S.A. ("Corona") of its unaudited Financial Statements and the Management’s Discussion and Analysis ("MD&A") for the first quarter of 2024 ("Q1 2024").

The Company holds an 81.8% interest in Corona. The unaudited Financial Statements and MD&A can be viewed at:

SMV -- Superintendencia del Mercado de Valores -- Información Financiera

To search for the Company’s financial statements, enter the following parameters in the empty fields:

Empresa: Sociedad Minera Corona S.A.
Periodo: 2024 and Trimestre I

Q1 2024 Conference Call and Webcast

Sierra Metals will be releasing its Q1 2024 consolidated financial results post-market on Friday, May 10, 2024. Management will host a conference call and webcast on Monday, May 13 at 11:00 AM EDT.

About Sierra Metals

Sierra Metals is a Canadian mining company focused on copper production with additional base and precious metals by-product credits at its Yauricocha Mine in Peru and Bolivar Mine in Mexico. The Company is intent on safely increasing production volume and growing mineral resources. Sierra Metals has recently had several new key discoveries and still has many more exciting brownfield exploration opportunities in Peru and Mexico that are within close proximity to the existing mines. Additionally, the Company has large land packages at each of its mines with several prospective regional targets providing longer-term exploration upside and mineral resource growth potential.

For further information regarding Sierra Metals, please visit www.sierrametals.com or contact:

Investor Relations

Sierra Metals Inc.

Tel: +1 (866) 721-7437

Email: info@sierrametals.com

Source: Sierra Metals Inc.

FAQ

What financial results did Sierra Metals' subsidiary, Sociedad Minera Corona, report for Q1 2024?

Sociedad Minera Corona reported its unaudited financial statements for the first quarter of 2024, with Sierra Metals holding an 81.8% interest in the company.

When will Sierra Metals release its Q1 2024 consolidated financial results?

Sierra Metals will release its Q1 2024 consolidated financial results post-market on Friday, May 10, 2024.

What is Sierra Metals focused on in terms of production?

Sierra Metals is a Canadian mining company focused on copper production with additional base and precious metals by-product credits at its Yauricocha Mine in Peru and Bolivar Mine in Mexico.

What are Sierra Metals' exploration opportunities?

Sierra Metals has exciting brownfield exploration opportunities in Peru and Mexico, with large land packages at each mine and several prospective regional targets for exploration and mineral resource growth potential.

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