Company Interviews

Sierra Metals (SMT) - Peruvian & Mexican Base Metals Targets Growth


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Sierra Metals is a is a mid-tier precious and base metals producer that is based in Latin America. Marchese is a good person and only became CEO 3-months ago, so maybe we should have gone easy on him.

The Sierra Metals story is comprised of 3 producing base metal assets and numerous exploration tenements in Mexico and Peru. Sierra Metals is also something of a mining turnaround story. The share price is on its way back up after what has been a difficult decade for the company and an especially difficult recent few years.

Marchese is going to have to leverage his 25-years' experience in the mining sector, most of that spent with Anglo American, to get create meaningful value for shareholders. Lots to like, but still lots to do.

If Sierra Metals can deliver, it could well be a strong base metals proposition, but there will a lot of questions marks up until that point. 

Company Page: https://www.sierrametals.com/home/default.aspx

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