Arias Resource Capital GP Ltd. acquired a new stake in Sierra Metals Inc. (NYSEAMERICAN:SMTS) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 84,372,490 shares of the company’s stock, valued at approximately $199,337,000. Sierra Metals comprises approximately 97.1% of Arias Resource Capital GP Ltd.’s holdings, making the stock its biggest position. Arias Resource Capital GP Ltd. owned approximately 51.86% of Sierra Metals at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the stock. Ramsey Quantitative Systems bought a new position in shares of Sierra Metals during the fourth quarter valued at approximately $184,000. West Family Investments Inc. grew its holdings in shares of Sierra Metals by 10.6% during the fourth quarter. West Family Investments Inc. now owns 1,044,925 shares of the company’s stock valued at $2,499,000 after purchasing an additional 100,200 shares during the last quarter. Finally, Mackenzie Financial Corp bought a new position in shares of Sierra Metals during the fourth quarter valued at approximately $372,000.
Sierra Metals Inc. (SMTS) opened at $2.30 on Tuesday. The stock has a market capitalization of $374.16, a P/E ratio of -28.75 and a beta of 1.73. Sierra Metals Inc. has a 52-week low of $2.10 and a 52-week high of $3.10.
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