Sierra Metals Receives Sector Perform Rating from RBC Capital (SMT)
Sierra Metals (CVE:SMT)‘s stock had its “sector perform” rating reaffirmed by equities researchers at RBC Capital in a research report issued on Tuesday, Stock Ratings Network reports.
Shares of Sierra Metals (CVE:SMT) traded down 0.93% during mid-day trading on Tuesday, hitting $2.12. The stock had a trading volume of 6,135 shares. Sierra Metals has a 1-year low of $1.80 and a 1-year high of $2.96. The stock’s 50-day moving average is $2.02 and its 200-day moving average is $2.23.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, October 31st. Investors of record on Monday, October 21st will be given a dividend of $0.02 per share. This represents a $0.06 dividend on an annualized basis and a yield of 2.75%.
Separately, analysts at Cormark initiated coverage on shares of Sierra Metals (CVE:SMT) in a research note to investors on Thursday, September 12th. They set a “market perform” rating on the stock.
Sierra Metals Inc, formerly Dia Bras Exploration Inc, is a precious and base metals producer. The Company also holds property holders in the Cusihuiriachic (CVE:SMT) mining district with land package of over 230,000 hectares.
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