Sierra Metals (SMT) Trading 3.4% Higher
Sierra Metals Inc (TSE:SMT) shares traded up 3.4% during trading on Friday . The stock traded as high as C$3.00 and last traded at C$3.00. 9,800 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 14,710 shares. The stock had previously closed at C$2.90.
Several research analysts have commented on the stock. Scotiabank set a C$3.60 target price on shares of Sierra Metals and gave the stock a “sector perform” rating in a report on Tuesday, January 2nd. Roth Capital reiterated a “buy” rating on shares of Sierra Metals in a report on Tuesday, January 16th.
The stock has a market cap of $488.44, a price-to-earnings ratio of -33.33 and a beta of 1.02.
About Sierra Metals
Sierra Metals Inc is a Canada-based mining company. The Company is focused on the production, exploration and development of precious and base metals in Peru and Mexico. The Company’s segments are Peru and Mexico. It has over three producing mining properties. Its Peruvian Operation (Peru) includes the Yauricocha Mine, its near-mine concessions, and exploration and early-stage properties.
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