Sierra Metals (TSE:SMT) Reaches New 1-Year Low at $1.41
Sierra Metals Inc (TSE:SMT) reached a new 52-week low on Friday . The stock traded as low as C$1.41 and last traded at C$1.41, with a volume of 8314 shares trading hands. The stock had previously closed at C$1.47.
Several equities analysts have weighed in on the company. HC Wainwright restated a “buy” rating on shares of Sierra Metals in a report on Monday, August 19th. Jefferies Financial Group cut their price target on Sierra Metals from C$2.00 to C$1.90 in a report on Tuesday, August 6th.
The firm has a market cap of $225.08 million and a PE ratio of -86.25. The firm has a fifty day simple moving average of C$1.66 and a two-hundred day simple moving average of C$1.81. The company has a debt-to-equity ratio of 48.94, a quick ratio of 1.51 and a current ratio of 2.02.
Sierra Metals Company Profile (TSE:SMT)
Sierra Metals Inc engages in the production, exploration, and development of precious and base metals in Peru and Mexico. It primarily focuses on exploration of silver, copper, lead, zinc, and gold deposits. The company holds 81.84% interest in the polymetallic Yauricocha Mine located in the Yauyos province in Peru.
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