Sierra Metals Inc. (TSE:SMT - Get Free Report) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$1.16 and traded as low as C$1.14. Sierra Metals shares last traded at C$1.15, with a volume of 17,211 shares traded.
Sierra Metals Trading Up 0.9%
The firm has a market capitalization of C$171.40 million, a P/E ratio of -30.30 and a beta of 2.12. The company's fifty day moving average is C$1.16 and its 200-day moving average is C$0.95. The company has a current ratio of 0.86, a quick ratio of 0.35 and a debt-to-equity ratio of 108.12.
Insiders Place Their Bets
In related news, Director Ernesto Balarezo sold 550,000 shares of the business's stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of C$1.14, for a total transaction of C$627,000.00. Also, Senior Officer Claudio Zavaleta Cubillas sold 682,814 shares of the firm's stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of C$1.13, for a total value of C$774,311.08. Insiders have sold a total of 3,239,579 shares of company stock valued at $3,557,720 in the last 90 days. 2.86% of the stock is currently owned by corporate insiders.
Sierra Metals Company Profile
(
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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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