Sierra Metals Inc. (TSE:SMT) Director J. Alberto Arias Sells 28,389 Shares

Sierra Metals Inc. (TSE:SMT) Director J. Alberto Arias sold 28,389 shares of the business’s stock in a transaction dated Friday, April 19th. The stock was sold at an average price of C$0.60, for a total value of C$17,127.08.

J. Alberto Arias also recently made the following trade(s):

• On Friday, April 12th, J. Alberto Arias sold 95,576 shares of Sierra Metals stock. The stock was sold at an average price of C$0.62, for a total value of C$58,951.28.
• On Wednesday, March 27th, J. Alberto Arias sold 16,560 shares of Sierra Metals stock. The shares were sold at an average price of C$0.60, for a total value of C$10,002.24.
• On Tuesday, March 19th, J. Alberto Arias sold 21,292 shares of Sierra Metals stock. The shares were sold at an average price of C$0.56, for a total value of C$12,023.59.
• On Wednesday, February 21st, J. Alberto Arias sold 94,630 shares of Sierra Metals stock. The shares were sold at an average price of C$0.64, for a total value of C$60,582.13.

Sierra Metals Price Performance

TSE SMT traded down C$0.01 during trading hours on Monday, hitting C$0.81. The company had a trading volume of 43,111 shares, compared to its average volume of 146,862. The firm has a 50 day simple moving average of C$0.79 and a 200 day simple moving average of C$0.69. Sierra Metals Inc. has a 52 week low of C$0.34 and a 52 week high of C$1.00. The firm has a market capitalization of C$169.86 million, a price-to-earnings ratio of -16.40 and a beta of 2.15. The company has a debt-to-equity ratio of 76.77, a quick ratio of 0.35 and a current ratio of 0.44.

Sierra Metals (TSE:SMT) last announced its quarterly earnings data on Monday, March 18th. The mining company reported C($0.05) earnings per share for the quarter. The firm had revenue of C$82.55 million for the quarter. Sierra Metals had a negative net margin of 8.42% and a negative return on equity of 5.81%. Equities research analysts expect that Sierra Metals Inc. will post 0.1355372 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, CIBC boosted their price target on Sierra Metals from C$0.85 to C$1.00 and gave the company a “neutral” rating in a research note on Wednesday, April 17th.

About Sierra Metals

Sierra Metals Inc, together with its subsidiaries, focuses on 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's flagship property is the 82% owned polymetallic Yauricocha Mine covering an area of 18,778 hectares located in the Yauyos province in Peru.