Insider Selling: Sierra Metals Inc. (TSE:SMT) Director Sells C$24,031.29 in Stock

Sierra Metals Inc. (TSE:SMT) Director J. Alberto Arias sold 47,315 shares of the business’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of C$0.51, for a total value of C$24,031.29.

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

• On Wednesday, July 31st, J. Alberto Arias sold 38,798 shares of Sierra Metals stock. The shares were sold at an average price of C$0.54, for a total value of C$21,067.31.
• On Friday, July 26th, J. Alberto Arias sold 83,275 shares of Sierra Metals stock. The shares were sold at an average price of C$0.54, for a total value of C$45,293.27.
• On Wednesday, July 3rd, J. Alberto Arias sold 47,315 shares of Sierra Metals stock. The stock was sold at an average price of C$0.62, for a total value of C$29,146.04.
• On Wednesday, June 26th, J. Alberto Arias sold 141,945 shares of Sierra Metals stock. The stock was sold at an average price of C$0.58, for a total value of C$82,867.49.
• On Thursday, June 13th, J. Alberto Arias sold 123,019 shares of Sierra Metals stock. The stock was sold at an average price of C$0.63, for a total value of C$77,920.23.
• On Friday, May 24th, J. Alberto Arias sold 4,258 shares of Sierra Metals stock. The stock was sold at an average price of C$0.72, for a total value of C$3,052.56.
• On Tuesday, May 14th, J. Alberto Arias sold 84,500 shares of Sierra Metals stock. The stock was sold at an average price of C$0.66, for a total value of C$55,423.55.

Sierra Metals Trading Up 3.1 %

SMT stock opened at C$0.67 on Thursday. The company has a market cap of C$140.77 million, a P/E ratio of -9.57 and a beta of 2.12. Sierra Metals Inc. has a twelve month low of C$0.34 and a twelve month high of C$1.05. The company has a quick ratio of 0.35, a current ratio of 0.45 and a debt-to-equity ratio of 69.70. The business has a fifty day moving average of C$0.80 and a 200-day moving average of C$0.82.

Sierra Metals (TSE:SMT) last released its earnings results on Monday, May 13th. The mining company reported C$0.02 earnings per share for the quarter. The company had revenue of C$85.12 million during the quarter. Sierra Metals had a negative return on equity of 7.50% and a negative net margin of 8.46%. As a group, equities research analysts expect that Sierra Metals Inc. will post 0.0918775 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, CIBC boosted their price objective on Sierra Metals from C$1.00 to C$1.10 and gave the stock a “neutral” rating in a research note on Tuesday, May 14th.

Sierra Metals Company Profile

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.