Sierra Metals (TSE:SMT) Share Price Crosses Above 50-Day Moving Average – What’s Next?

Sierra Metals Inc. (TSE:SMT) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$0.83 and traded as high as C$0.92. Sierra Metals shares last traded at C$0.91, with a volume of 297,756 shares traded.

Sierra Metals Trading Up 7.1 %

The company has a quick ratio of 0.35, a current ratio of 0.86 and a debt-to-equity ratio of 108.12. The firm has a market cap of C$135.63 million, a PE ratio of -23.98 and a beta of 2.12. The company’s 50 day moving average price is C$0.83 and its two-hundred day moving average price is C$0.81.

Insider Activity at Sierra Metals

In other Sierra Metals news, Director J. Alberto Arias sold 161,818 shares of the stock in a transaction dated Monday, January 27th. The shares were sold at an average price of C$0.90, for a total transaction of C$145,636.20. Insiders sold a total of 750,417 shares of company stock worth $665,828 in the last quarter. 2.86% of the stock is owned by company insiders.

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.