Sierra Metals (SMT) PT Set at C$3.60 by Scotiabank
Sierra Metals (TSE:SMT) has been assigned a C$3.60 price target by analysts at Scotiabank in a research note issued on Tuesday. The brokerage presently has a “sector perform” rating on the mining company’s stock. Scotiabank’s target price would suggest a potential upside of 21.21% from the stock’s current price.
Separately, HC Wainwright reaffirmed a “buy” rating on shares of Sierra Metals in a research note on Friday, September 8th.
Sierra Metals (TSE:SMT) traded down C$0.01 during mid-day trading on Tuesday, hitting C$2.97. 3,000 shares of the company traded hands, compared to its average volume of 30,027. Sierra Metals has a 1-year low of C$1.95 and a 1-year high of C$3.75. The firm has a market cap of $483.16, a price-to-earnings ratio of -33.00 and a beta of 1.00.
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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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