Sierra Metals (SMT) to Release Earnings on Monday

Sierra Metals (TSE:SMT) is scheduled to issue its quarterly earnings data before the market opens on Monday, May 13th.

Sierra Metals (TSE:SMT) last announced its quarterly earnings data on Monday, March 18th. The mining company reported C($0.05) EPS for the quarter. Sierra Metals had a negative return on equity of 5.81% and a negative net margin of 8.42%. The company had revenue of C$82.55 million for the quarter.

Sierra Metals Price Performance

Shares of TSE SMT opened at C$0.86 on Monday. The firm has a market capitalization of C$180.34 million, a P/E ratio of -17.20 and a beta of 2.15. The firm’s 50-day moving average price is C$0.80 and its 200-day moving average price is C$0.72. The company has a current ratio of 0.44, a quick ratio of 0.35 and a debt-to-equity ratio of 76.77. Sierra Metals has a 1-year low of C$0.34 and a 1-year high of C$1.00.

Analysts Set New Price Targets

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

Insider Buying and Selling

In other news, Director J. Alberto Arias sold 114,976 shares of the business’s stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of C$0.59, for a total transaction of C$67,398.93. Insiders have sold a total of 432,933 shares of company stock worth $263,524 in the last ninety days. Corporate insiders own 2.20% of the company’s stock.

About Sierra Metals

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.