Sierra Metals (TSE:SMT) Stock Crosses Above 50 Day Moving Average - Here's What Happened

Shares of Sierra Metals Inc. (TSE:SMT - Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.82 and traded as high as C$0.89. Sierra Metals shares last traded at C$0.88, with a volume of 531,615 shares trading hands.

Sierra Metals Stock Down 2.3 %

The stock has a market capitalization of C$125.19 million, a P/E ratio of -22.13 and a beta of 2.12. The firm's 50-day simple moving average is C$0.82 and its 200 day simple moving average is C$0.82. The company has a debt-to-equity ratio of 108.12, a quick ratio of 0.35 and a current ratio of 0.86.

Insider Buying and Selling at Sierra Metals

In other Sierra Metals news, Director J. Alberto Arias sold 80,436 shares of the company's stock in a transaction on Thursday, March 27th. The shares were sold at an average price of C$0.84, for a total transaction of C$67,643.46. Insiders sold a total of 703,102 shares of company stock worth $608,885 over the last ninety days. 2.86% of the stock is currently owned by corporate insiders.

Sierra Metals Company Profile

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.