Sierra Metals Inc. (NASDAQ:SMTS)‘s stock had its “buy” rating reaffirmed by research analysts at HC Wainwright in a research note issued on Friday. They presently have a $3.50 price target on the stock. HC Wainwright’s target price would indicate a potential upside of 18.65% from the company’s previous close.

Separately, Scotiabank reiterated a “sector outperform” rating on shares of Sierra Metals in a research note on Thursday, August 31st.

Sierra Metals (NASDAQ SMTS) traded down 1.35% during midday trading on Friday, hitting $2.91. 21,500 shares of the stock traded hands. The stock’s market capitalization is $473.40 million. Sierra Metals has a 52 week low of $1.29 and a 52 week high of $3.10. The stock’s 50-day moving average price is $2.54 and its 200-day moving average price is $3.36.

Sierra Metals (NASDAQ:SMTS) last announced its quarterly earnings results on Monday, August 14th. The company reported $0.02 EPS for the quarter. The company had revenue of $48.57 million during the quarter. Equities research analysts expect that Sierra Metals will post $0.54 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This piece of content was originally published by American Banking News and is the property of of American Banking News. If you are reading this piece of content on another website, it was illegally stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this piece of content can be accessed at

Receive News & Ratings for Sierra Metals Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sierra Metals Inc. and related companies with's FREE daily email newsletter.