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Sierra remains cautious about outlook

Sierra Metals CEO Luis Marchese says the company is continuing to view the outlook for its operations in Peru and Mexico cautiously after it delivered June-quarter earnings and cash flows in line with the same period a year ago despite COVIV-19-related shutdowns and uncertainties presenting Sierra with the “biggest challenge in its history”.

Staff reporter
Bolivar in Mexico

Bolivar in Mexico

Adjusted EBITDA of US$12.6 million and operating cash flows before movements in working capital of $13.2 million were in line with, or better than, Q2 2019, Sierra Metals reported. Revenue from metals...

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