- Copper prices are having a great year but the company has been suffering from operational issues attributed to the effects of the COVID-19 pandemic.
- Sierra Metals slipped into a loss in Q3 2021 and this quarter is expected to be weak too.
- However, the issues seem temporary and the expanded versions of Yauricocha, Bolivar, and Cusi have a net present value of $775 million.
- This is over three times higher than the company’s market valuation and I expect the latter to increase as the mines return to normal operations.
For further details see:
Sierra Metals Is In Trouble Due To COVID-19 And I'm Bullish