HC Wainwright reiterated their buy rating on shares of Sierra Metals (TSE:SMT) in a research note published on Monday, Zacks.com reports.
Separately, Jefferies Financial Group decreased their price objective on Sierra Metals from C$2.00 to C$1.90 in a research note on Tuesday, August 6th.
TSE:SMT opened at C$1.75 on Monday. The company has a debt-to-equity ratio of 48.94, a quick ratio of 1.51 and a current ratio of 2.02. Sierra Metals has a 52-week low of C$1.55 and a 52-week high of C$3.66. The firm has a market cap of $287.06 million and a price-to-earnings ratio of -109.38. The business’s fifty day moving average is C$1.82 and its 200 day moving average is C$1.96.
Sierra Metals Inc engages in 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 holds 81.84% interest in the polymetallic Yauricocha Mine located in the Yauyos province in Peru.
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