Sierra Metals Inc (SMTS) Exchange: NYSE MKT

Sierra Metals Inc (SMTS) is a Canadian-based mining company with a focus on the exploration, production, and development of mineral properties in Latin America. Founded in 1999 and listed on the Toronto Stock Exchange, the company has grown from a one-person team to a team of nearly 400 employees in multiple offices located throughout North and South America. Sierra Metals Inc is committed to responsible development that strives to deliver value to all stakeholders, including investors, employees, customers, and the communities in which the company operates. The company’s flagship asset is the Bolivar mine located in Mexico which is the largest polymetallic underground mine in Latin America. The Bolivar mine has five different ore types and produces copper, zinc, lead, and precious metals. Sierra Metals Inc's growth since its inception can be seen in an increase of net income by over 500% since 2016 due to higher commodity prices, improved operating efficiency, and cost optimization. In 2020, the company had a total production of 84.7 million pounds of copper, 26 million pounds of zinc, and 11 million pounds of lead across its four main operations in Latin America. Sierra Metals Inc is dedicated to providing long-term value to stakeholders through sustainable development and economic growth. The company has long-term commitments to environmental and social responsibility, underpinned by a focus on minimizing environmental impacts, working to create safe workplaces, engaging with local communities, and taking responsible actions to protect local biodiversity. Sierra Metals Inc has thus worked to become one of the leading mining companies in Latin America, and continues to create impactful opportunities in its mission to contribute to collaborative and sustainable development in the region.