Sierra Metals’ (SMT) Outperform Rating Reaffirmed at Scotiabank

Scotiabank restated their outperform rating on shares of Sierra Metals Inc (TSE:SMT) in a research report sent to investors on Monday morning. The firm currently has a C$4.25 price objective on the mining company’s stock.

Separately, HC Wainwright restated a buy rating on shares of Sierra Metals in a research report on Friday, September 8th.

Shares of Sierra Metals (TSE:SMT) traded up C$0.09 during trading hours on Monday, reaching C$3.47. 11,050 shares of the company were exchanged, compared to its average volume of 29,603. Sierra Metals has a 1 year low of C$1.80 and a 1 year high of C$3.75.

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About Sierra Metals

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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