Sierra Metals Inc. (TSE:SMT) Director Sells C$67,398.93 in Stock

Sierra Metals Inc. (TSE:SMT) Director J. Alberto Arias sold 114,976 shares of the firm’s stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of C$0.59, for a total value of C$67,398.93.

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

• On Friday, April 19th, J. Alberto Arias sold 28,389 shares of Sierra Metals stock. The shares were sold at an average price of C$0.60, for a total value of C$17,127.08.
• On Friday, April 12th, J. Alberto Arias sold 95,576 shares of Sierra Metals stock. The shares were 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 stock was sold at an average price of C$0.64, for a total value of C$60,582.13.

Sierra Metals Stock Performance

Shares of TSE SMT traded up C$0.02 during trading hours on Friday, reaching C$0.82. 138,225 shares of the stock were exchanged, compared to its average volume of 149,031. The firm has a market capitalization of C$171.95 million, a price-to-earnings ratio of -16.00 and a beta of 2.15. The company has a debt-to-equity ratio of 76.77, a quick ratio of 0.35 and a current ratio of 0.44. Sierra Metals Inc. has a 52 week low of C$0.34 and a 52 week high of C$1.00. The stock’s fifty day simple moving average is C$0.80 and its 200 day simple moving average is C$0.70.

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

Analyst Upgrades and Downgrades

Separately, CIBC increased their target price 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.

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.