Ernesto Balarezo Purchases 15,000 Shares of Sierra Metals Inc. (TSE:SMT) Stock

Sierra Metals Inc. (TSE:SMT - Get Free Report) Director Ernesto Balarezo purchased 15,000 shares of the business's stock in a transaction dated Wednesday, September 4th. The shares were purchased at an average cost of C$0.68 per share, for a total transaction of C$10,125.00.

Sierra Metals Price Performance

Shares of TSE:SMT opened at C$0.67 on Friday. The company has a debt-to-equity ratio of 83.36, a quick ratio of 0.35 and a current ratio of 0.98. Sierra Metals Inc. has a 52 week low of C$0.34 and a 52 week high of C$1.05. The firm has a market cap of C$141.30 million, a PE ratio of -8.38 and a beta of 2.12. The firm's fifty day moving average is C$0.75 and its 200-day moving average is C$0.81.

Sierra Metals (TSE:SMT - Get Free Report) last announced its earnings results on Friday, August 9th. The mining company reported C$0.03 earnings per share (EPS) for the quarter. Sierra Metals had a negative return on equity of 6.45% and a negative net margin of 7.45%. The business had revenue of C$78.71 million during the quarter. Sell-side analysts predict that Sierra Metals Inc. will post 0.1093248 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, CIBC raised their price objective on shares of Sierra Metals from C$1.00 to C$1.10 and gave the company a "neutral" rating in a report on Tuesday, May 14th.


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Check Out Our Latest Stock Analysis on SMT

Sierra Metals Company Profile

(Get Free Report)

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.

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