HC Wainwright restated their buy rating on shares of Sierra Metals (TSE:SMT – Get Rating) in a research report report published on Wednesday morning, MarketBeat reports. They currently have a C$3.50 price objective on the mining company’s stock.
SMT has been the subject of a number of other research reports. CIBC reduced their price objective on Sierra Metals from C$2.50 to C$2.25 and set a neutral rating for the company in a research report on Friday, March 18th. Jefferies Financial Group upped their price target on Sierra Metals from C$1.80 to C$2.15 in a research report on Wednesday, March 9th. Finally, Noble Financial reiterated a buy rating and set a C$2.75 target price on shares of Sierra Metals in a research report on Friday, March 18th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Sierra Metals has an average rating of Buy and an average target price of C$3.11.
Sierra Metals stock opened at C$1.24 on Wednesday. The company has a market capitalization of C$202.62 million and a price-to-earnings ratio of -5.79. The company has a current ratio of 1.20, a quick ratio of 0.87 and a debt-to-equity ratio of 40.78. Sierra Metals has a 12 month low of C$1.24 and a 12 month high of C$4.83. The business’s fifty day simple moving average is C$1.66 and its two-hundred day simple moving average is C$1.86.
Sierra Metals Company Profile (Get Rating)
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 81.84% owned polymetallic Yauricocha Mine covering an area of 18,778 hectares located in the Yauyos province in Peru.
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