Sierra Metals (SMT) Reaches New 12-Month Low at $1.82

Sierra Metals Inc (TSE:SMT) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$1.82 and last traded at C$1.82, with a volume of 900 shares traded. The stock had previously closed at C$1.84.

Separately, Jefferies Financial Group reduced their price target on Sierra Metals from C$2.75 to C$2.50 in a research report on Monday, April 1st.

The company has a debt-to-equity ratio of 27.63, a current ratio of 0.90 and a quick ratio of 0.60. The firm has a market cap of $303.90 million and a price-to-earnings ratio of 15.83.

Sierra Metals (TSE:SMT) last announced its quarterly earnings data on Thursday, March 28th. The mining company reported C$0.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.04 by C($0.02). The firm had revenue of C$62.81 million during the quarter, compared to analyst estimates of C$69.37 million. Research analysts forecast that Sierra Metals Inc will post 0.259999985945947 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Sierra Metals (SMT) Reaches New 12-Month Low at $1.82” was originally posted by Markets Daily and is owned by of Markets Daily. If you are accessing this story on another domain, it was stolen and republished in violation of international copyright and trademark legislation. The legal version of this story can be viewed at https://www.themarketsdaily.com/2019/05/15/sierra-metals-smt-reaches-new-12-month-low-at-1-82.html.

About Sierra Metals (TSE:SMT)

Sierra Metals Inc engages in 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 holds 81.84% interest in the polymetallic Yauricocha Mine located in the Yauyos province in Peru.

Featured Story: Systematic Risk and Investors

Receive News & Ratings for Sierra Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sierra Metals and related companies with MarketBeat.com's FREE daily email newsletter.