Insider Selling: Sierra Metals Inc. (TSE:SMT) Director Sells 28,389 Shares of Stock

Sierra Metals Inc. (TSE:SMT) Director J. Alberto Arias sold 28,389 shares of Sierra Metals stock in a transaction on Friday, April 19th. The stock was sold at an average price of C$0.60, for a total transaction of C$17,127.08.

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

• On Friday, April 12th, J. Alberto Arias sold 95,576 shares of Sierra Metals stock. The stock was sold at an average price of C$0.62, for a total transaction 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 transaction 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 stock was sold at an average price of C$0.64, for a total transaction of C$60,582.13.

Sierra Metals Price Performance

Shares of Sierra Metals stock opened at C$0.81 on Wednesday. The firm has a market cap of C$169.86 million, a PE ratio of -16.20 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. 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 company’s fifty day simple moving average is C$0.80 and its two-hundred day simple moving average is C$0.70.

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

Analyst Upgrades and Downgrades

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

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.