Sierra Metals Inc (SMT) Earns Outperform Rating from Scotiabank
Sierra Metals Inc (TSE:SMT)‘s stock had its “outperform” rating reiterated by stock analysts at Scotiabank in a report released on Thursday. They currently have a C$4.00 target price on the mining company’s stock. Scotiabank’s target price would indicate a potential upside of 19.05% from the stock’s previous close.
Sierra Metals (SMT) traded up 4.46% on Thursday, hitting $3.51. The company’s stock had a trading volume of 13,000 shares. Sierra Metals has a 1-year low of $1.70 and a 1-year high of $3.75. The company has a 50 day moving average price of $3.18 and a 200-day moving average price of $3.28. The company’s market capitalization is $571.07 million.
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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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