Shares of Sierra Metals Inc. (TSE:SMT - Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$1.09 and traded as high as C$1.14. Sierra Metals shares last traded at C$1.14, with a volume of 46,694 shares.
Sierra Metals Stock Performance
The firm has a market capitalization of C$169.91 million, a price-to-earnings ratio of -30.03 and a beta of 2.12. The company has a debt-to-equity ratio of 108.12, a quick ratio of 0.35 and a current ratio of 0.86. The business has a fifty day moving average price of C$1.10 and a 200 day moving average price of C$0.92.
Insider Buying and Selling
In related news, Senior Officer Astolfo Romero Sanchez sold 133,916 shares of the stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of C$1.15, for a total value of C$154,003.40. Also, Director Ernesto Balarezo sold 550,000 shares of the stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of C$1.14, for a total value of C$627,000.00. In the last quarter, insiders sold 3,367,330 shares of company stock valued at $3,665,121. 2.86% of the stock is currently owned by corporate insiders.
About Sierra Metals
(
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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.
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