Sierra Metals Inc. (TSE:SMT - Get Free Report)'s share price rose 23.8% during trading on Tuesday . The stock traded as high as C$1.65 and last traded at C$1.61. Approximately 316,066 shares changed hands during trading, a decline of 17% from the average daily volume of 381,678 shares. The stock had previously closed at C$1.30.
Sierra Metals Price Performance
The firm has a market cap of C$192.26 million, a P/E ratio of -33.99 and a beta of 2.12. The company has a 50-day moving average of C$1.02 and a 200 day moving average of C$0.88. 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
In other Sierra Metals news, Senior Officer Rajesh Vyas sold 267,800 shares of the company's stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of C$1.15, for a total transaction of C$306,631.00. Also, Senior Officer Patricia Munoz Kosa sold 383,098 shares of the company's stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of C$1.15, for a total value of C$440,562.70. Insiders have sold a total of 3,508,802 shares of company stock worth $3,773,724 in the last three months. Insiders own 2.86% of the company's stock.
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.
Further Reading
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