Sierra Metals Inc. (TSE:SMT - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The stock traded as high as C$1.05 and last traded at C$1.00, with a volume of 320841 shares. The stock had previously closed at C$0.93.
Wall Street Analysts Forecast Growth
Separately, CIBC boosted their price target on Sierra Metals from C$1.00 to C$1.10 and gave the stock a "neutral" rating in a research note on Tuesday, May 14th.
Get Our Latest Stock Analysis on SMT
Sierra Metals Stock Up 5.4 %
The company has a 50 day moving average price of C$0.82 and a two-hundred day moving average price of C$0.77. The company has a debt-to-equity ratio of 76.77, a current ratio of 0.44 and a quick ratio of 0.35. The stock has a market cap of C$205.90 million, a PE ratio of -19.60 and a beta of 2.14.
Sierra Metals (TSE:SMT - Get Free Report) last posted its quarterly earnings results on Monday, March 18th. The mining company reported C($0.05) earnings per share for the quarter. Sierra Metals had a negative return on equity of 5.81% and a negative net margin of 8.42%. The business had revenue of C$82.55 million during the quarter. Analysts expect that Sierra Metals Inc. will post 0.164271 EPS for the current year.
Insider Transactions at Sierra Metals
In other news, Director J. Alberto Arias sold 84,500 shares of the business's stock in a transaction on Tuesday, May 14th. The stock was sold at an average price of C$0.66, for a total value of C$55,423.55. Insiders sold 423,303 shares of company stock worth $258,680 over the last quarter. 2.20% of the stock is currently owned by insiders.
About Sierra Metals
(
Get Free Report)
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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