Sierra Metals Reports Strong Fourth Quarter and Full Year 2024 Financial and Operating Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 26 2025
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Source: Newsfilter
2024 Financial Performance: Sierra Metals reported record revenue of $272 million for 2024, a 19% increase from 2023, with adjusted EBITDA rising by 40% to $74.2 million, and cash and equivalents at year-end reaching $19.8 million, up from $9.1 million in 2023.
Production and Future Outlook: The company exceeded its annual production guidance, achieving record throughput rates in Q4 2024, and anticipates further production increases and lower costs in 2025, aiming for an EBITDA of approximately $130 million.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
