06:47 AM EDT, 03/27/2025 (MT Newswires) -- Sierra Metals ( SMTSF ) late on Wednesday said it swung to a profit in the fourth quarter as revenue jumped.

Adjusted net income attributable to shareholders from continuing operations was US$23.5 million, compared with a loss of US$7.3 million.

Net income from continuing operations was US$8.2 million, recovering from a loss of US$11.3 million.

Revenues rose to US$81 million from US$60.6 million. Adjusted EBITDA from continuing operations was US$26.6 million, up from US$13.4 million.

The company produced 13.5 million pounds of copper, up from 12.1 million pounds. Zinc production was 12.3 million pounds, up from 9.6 million pounds.

Silver production rose to 544,000 ounces from 468,000 ounces while gold production fell to 4,009 ounces from 4,708 ounces.

The company also produced 2.4 million pounds of lead, down from 2.5 million pounds.

Sierra Metals ( SMTSF ) expects to produce 44.6 million to 48.5 million pounds of copper, 53.6 million to 58.4 million pounds of zinc, 1.9 million to 2.1 million ounces of silver, 10,200 to 11,100 ounces of gold, and 13.7 million to 15 million pounds of lead.