Sierra Metals (NYSEAMERICAN:SMTS) Earns “Buy” Rating from HC Wainwright

HC Wainwright reaffirmed their buy rating on shares of Sierra Metals (NYSEAMERICAN:SMTS) in a research note released on Friday morning, TipRanks reports. The brokerage currently has a $5.00 price target on the stock.

Separately, Zacks Investment Research raised shares of Sierra Metals from a strong sell rating to a hold rating in a research note on Thursday, January 23rd.

Shares of NYSEAMERICAN SMTS opened at $1.59 on Friday. Sierra Metals has a fifty-two week low of $1.01 and a fifty-two week high of $1.90.

Sierra Metals (NYSEAMERICAN:SMTS) last posted its quarterly earnings data on Wednesday, November 13th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.03). The company had revenue of $64.55 million for the quarter, compared to analyst estimates of $68.28 million.

Sierra Metals Company Profile

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.

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