Sierra Metals (TSE:SMT) Stock Price Crosses Above 50 Day Moving Average - Should You Sell?

Sierra Metals Inc. (TSE:SMT - Get Free Report) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.82 and traded as high as C$1.12. Sierra Metals shares last traded at C$1.09, with a volume of 2,920,623 shares changing hands.

Sierra Metals Stock Performance

The business has a fifty day moving average price of C$0.84 and a 200-day moving average price of C$0.82. The company has a market cap of C$163.94 million, a P/E ratio of -28.98 and a beta of 2.12. The company has a quick ratio of 0.35, a current ratio of 0.86 and a debt-to-equity ratio of 108.12.

Insider Activity

In other Sierra Metals news, Director J. Alberto Arias sold 35,486 shares of the business's stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of C$0.92, for a total transaction of C$32,684.84. Over the last three months, insiders have sold 683,229 shares of company stock valued at $587,352. 2.86% of the stock is currently owned by corporate insiders.

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.