Sierra Metals (SMT) Given a C$3.50 Price Target by Scotiabank Analysts

Scotiabank set a C$3.50 price target on Sierra Metals (TSE:SMT) in a research note published on Sunday, March 25th. The firm currently has a sector perform rating on the mining company’s stock.

Separately, Roth Capital reissued a buy rating on shares of Sierra Metals in a research note on Tuesday, January 16th.

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TSE SMT traded up C$0.07 during trading hours on Friday, reaching C$3.37. 3,255 shares of the stock traded hands, compared to its average volume of 16,728. Sierra Metals has a 1 year low of C$2.75 and a 1 year high of C$3.68.



Sierra Metals (TSE:SMT) last announced its quarterly earnings data on Thursday, March 22nd. The mining company reported C$0.03 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of C$0.03. The firm had revenue of C$64.99 million for the quarter, compared to analysts’ expectations of C$67.44 million. Sierra Metals had a negative return on equity of 16.75% and a negative net margin of 11.82%.

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Sierra Metals Company Profile

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 Yauricocha Mine, a polymetallic deposit located in the Yauyos province in Peru.

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