J. Alberto Arias Sells 114,976 Shares of Sierra Metals Inc. (TSE:SMT) Stock

Sierra Metals Inc. (TSE:SMT) Director J. Alberto Arias sold 114,976 shares of the business’s stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of C$0.59, for a total transaction of C$67,398.93.

J. Alberto Arias also recently made the following trade(s):

• On Friday, April 26th, J. Alberto Arias sold 15,141 shares of Sierra Metals stock. The stock was sold at an average price of C$0.60, for a total transaction of C$9,093.68.
• On Friday, April 19th, J. Alberto Arias sold 28,389 shares of Sierra Metals stock. The shares were sold at an average price of C$0.60, for a total value of C$17,127.08.
• On Friday, April 12th, J. Alberto Arias sold 95,576 shares of Sierra Metals stock. The shares were sold at an average price of C$0.62, for a total value of C$58,951.28.
• On Wednesday, March 27th, J. Alberto Arias sold 16,560 shares of Sierra Metals stock. The stock was sold at an average price of C$0.60, for a total value of C$10,002.24.
• On Tuesday, March 19th, J. Alberto Arias sold 21,292 shares of Sierra Metals stock. The stock was sold at an average price of C$0.56, for a total transaction of C$12,023.59.
• On Wednesday, February 21st, J. Alberto Arias sold 94,630 shares of Sierra Metals stock. The shares were sold at an average price of C$0.64, for a total transaction of C$60,582.13.

Sierra Metals Stock Performance

SMT opened at C$0.82 on Friday. The company has a quick ratio of 0.35, a current ratio of 0.44 and a debt-to-equity ratio of 76.77. The stock’s 50 day moving average price is C$0.80 and its two-hundred day moving average price is C$0.70. The firm has a market capitalization of C$171.95 million, a P/E ratio of -16.40 and a beta of 2.15. Sierra Metals Inc. has a 12-month low of C$0.34 and a 12-month high of C$1.00.

Sierra Metals (TSE:SMT) last posted its quarterly earnings data on Monday, March 18th. The mining company reported C($0.05) earnings per share for the quarter. Sierra Metals had a negative net margin of 8.42% and a negative return on equity of 5.81%. The business had revenue of C$82.55 million during the quarter. On average, equities analysts forecast that Sierra Metals Inc. will post 0.1355372 earnings per share for the current year.

Analysts Set New Price Targets

Separately, CIBC upped their price target on shares of Sierra Metals from C$0.85 to C$1.00 and gave the company a “neutral” rating in a report on Wednesday, April 17th.

About Sierra Metals

Sierra Metals Inc, together with its subsidiaries, focuses on 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's flagship property is the 82% owned polymetallic Yauricocha Mine covering an area of 18,778 hectares located in the Yauyos province in Peru.