Separately, Scotiabank cut Sierra Metals from an outperform rating to a sector perform rating and lowered their price target for the stock from C$4.25 to C$3.60 in a report on Wednesday, November 15th.
Shares of Sierra Metals (SMT) remained flat at $C$3.23 during trading hours on Tuesday. The company has a market cap of $525.89, a P/E ratio of -35.89 and a beta of 1.02. Sierra Metals has a 12-month low of C$2.75 and a 12-month high of C$3.75.
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About Sierra Metals
Sierra Metals Inc is a Canada-based mining company. The Company is focused on the production, exploration and development of precious and base metals in Peru and Mexico. The Company’s segments are Peru and Mexico. It has over three producing mining properties. Its Peruvian Operation (Peru) includes the Yauricocha Mine, its near-mine concessions, and exploration and early-stage properties.
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