Sierra Metals Inc (SMT) Cut to Sector Perform at Scotiabank
Scotiabank downgraded shares of Sierra Metals Inc (TSE:SMT) from an outperform rating to a sector perform rating in a research report report published on Wednesday morning. They currently have C$3.60 target price on the mining company’s stock, down from their previous target price of C$4.25.
Separately, HC Wainwright reissued a buy rating on shares of Sierra Metals in a research report on Friday, September 8th.
Sierra Metals (SMT) opened at C$3.07 on Wednesday. Sierra Metals has a 52-week low of C$1.80 and a 52-week high of C$3.75.
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.
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