Sierra Metals (TSE:SMT) had its price objective hoisted by investment analysts at Scotiabank from C$3.30 to C$3.50 in a research note issued to investors on Friday. The brokerage presently has a “sector perform” rating on the mining company’s stock. Scotiabank’s target price suggests a potential upside of 6.06% from the company’s current price.

Separately, Roth Capital restated a “buy” rating on shares of Sierra Metals in a report on Tuesday, January 16th.

Sierra Metals (TSE:SMT) opened at C$3.30 on Friday. Sierra Metals has a 12-month low of C$2.10 and a 12-month high of C$3.75. The company has a market cap of $536.84, a price-to-earnings ratio of -36.67 and a beta of 1.01.

Sierra Metals (TSE:SMT) last released its quarterly earnings data on Friday, November 10th. The mining company reported C$0.04 EPS for the quarter. Sierra Metals had a negative net margin of 11.82% and a negative return on equity of 16.75%.

COPYRIGHT VIOLATION NOTICE: “Scotiabank Raises Sierra Metals (SMT) Price Target to C$3.50” was originally posted by Watch List News and is the property of of Watch List News. If you are reading this report on another domain, it was copied illegally and republished in violation of US and international copyright & trademark legislation. The legal version of this report can be accessed at https://www.watchlistnews.com/scotiabank-raises-sierra-metals-smt-price-target-to-c3-50/1816270.html.

About Sierra Metals

Sierra Metals Inc is a Canada-based mining company. The Company is focused on the production, exploration and development of precious and base metals in Peru and Mexico. The Company’s segments are Peru and Mexico. It has over three producing mining properties. Its Peruvian Operation (Peru) includes the Yauricocha Mine, its near-mine concessions, and exploration and early-stage properties.

Receive News & Ratings for Sierra Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sierra Metals and related companies with MarketBeat.com's FREE daily email newsletter.