Sierra Metals (TSE:SMT – Free Report) had its price objective boosted by CIBC from C$0.85 to C$1.00 in a research note released on Wednesday, BayStreet.CA reports. CIBC currently has a neutral rating on the mining company’s stock.
Sierra Metals Trading Down 1.2 %
TSE:SMT opened at C$0.81 on Wednesday. The company has a quick ratio of 0.35, a current ratio of 0.44 and a debt-to-equity ratio of 76.77. Sierra Metals has a 1-year low of C$0.34 and a 1-year high of C$1.00. The firm has a market capitalization of C$169.86 million, a price-to-earnings ratio of -16.20 and a beta of 2.15. The stock has a fifty day simple moving average of C$0.79 and a 200 day simple moving average of C$0.68.
Sierra Metals (TSE:SMT – Get Free Report) last announced its quarterly earnings data on Monday, March 18th. The mining company reported C($0.05) earnings per share (EPS) for the quarter. The business had revenue of C$82.55 million during the quarter. Sierra Metals had a negative return on equity of 5.81% and a negative net margin of 8.42%. Sell-side analysts forecast that Sierra Metals will post 0.1355372 earnings per share for the current year.
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About Sierra Metals
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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