Sierra Metals Inc. (TSE:SMT) Director J. Alberto Arias Sells 28,389 Shares of Stock

Sierra Metals Inc. (TSE:SMT) Director J. Alberto Arias sold 28,389 shares of Sierra Metals stock in a transaction that occurred on Friday, April 19th. The stock was sold at an average price of C$0.60, for a total transaction of C$17,127.08.

J. Alberto Arias also recently made the following trade(s):

• On Friday, April 12th, J. Alberto Arias sold 95,576 shares of Sierra Metals stock. The stock was sold at an average price of C$0.62, for a total value of C$58,951.28.
• On Wednesday, March 27th, J. Alberto Arias sold 16,560 shares of Sierra Metals stock. The stock was sold at an average price of C$0.60, for a total value of C$10,002.24.
• On Tuesday, March 19th, J. Alberto Arias sold 21,292 shares of Sierra Metals stock. The stock was sold at an average price of C$0.56, for a total value of C$12,023.59.
• On Wednesday, February 21st, J. Alberto Arias sold 94,630 shares of Sierra Metals stock. The shares were sold at an average price of C$0.64, for a total transaction of C$60,582.13.

Sierra Metals Trading Down 1.2 %

Shares of TSE SMT opened at C$0.81 on Tuesday. The firm has a market capitalization of C$169.86 million, a PE ratio of -16.20 and a beta of 2.15. Sierra Metals Inc. has a one year low of C$0.34 and a one year high of C$1.00. The company has a current ratio of 0.44, a quick ratio of 0.35 and a debt-to-equity ratio of 76.77. The business has a 50-day moving average price of C$0.79 and a two-hundred day moving average price of C$0.69.

Sierra Metals (TSE:SMT) last posted its quarterly earnings results on Monday, March 18th. The mining company reported C($0.05) EPS for the quarter. The company had revenue of C$82.55 million for the quarter. Sierra Metals had a negative return on equity of 5.81% and a negative net margin of 8.42%. As a group, analysts predict that Sierra Metals Inc. will post 0.1355372 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, CIBC lifted their target price on shares of Sierra Metals from C$0.85 to C$1.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 17th.

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.