Sierra Metals reports Q4-2016 financial results at its Sociedad Minera Corona subsidiary in Peru

T.SMT, Sierra Metals, Peru

Sierra Metals Inc. (TSX: SMT) announces the filing of Sociedad Minera Corona S.A.’s audited Financial Statements and Management Discussion and Analysis for the fourth quarter of 2016.

The Company holds an 81.8% interest in Corona. All amounts are presented in US dollars, unless otherwise stated, and have not been adjusted for the 18.2% non-controlling interest.

Corona’s Highlights for the Three Months Ended December 31, 2016

Revenues of US$31.9 million vs US$12.1 million in Q4 2015
Adjusted EBITDA of US$ 14.9 million vs US$(1.5) million in Q4 2015
Total tonnes processed of 236,650 vs 193,710 in Q4 2015
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