Insider Selling: Sierra Metals Inc. (TSE:SMT) Director Sells 141,945 Shares of Stock

Sierra Metals Inc. (TSE:SMT) Director J. Alberto Arias sold 141,945 shares of the business’s stock in a transaction that occurred on Wednesday, June 26th. The stock was sold at an average price of C$0.58, for a total value of C$82,867.49.

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

• 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.
• On Friday, May 10th, J. Alberto Arias sold 500 shares of Sierra Metals stock. The stock was sold at an average price of C$0.63, for a total value of C$314.45.
• On Monday, April 29th, J. Alberto Arias sold 46,369 shares of Sierra Metals stock. The stock was sold at an average price of C$0.61, for a total value of C$28,345.37.
• On Friday, April 26th, J. Alberto Arias sold 15,141 shares of Sierra Metals stock. The stock was sold at an average price of C$0.60, for a total value of C$9,093.68.
• On Tuesday, April 23rd, J. Alberto Arias sold 114,976 shares of Sierra Metals stock. The shares were sold at an average price of C$0.59, for a total value of C$67,398.93.
• On Friday, April 19th, J. Alberto Arias sold 28,389 shares of Sierra Metals stock. The shares were sold at an average price of C$0.60, for a total value of C$17,127.08.
• On Friday, April 12th, J. Alberto Arias sold 95,576 shares of Sierra Metals stock. The shares were sold at an average price of C$0.62, for a total value of C$58,951.28.

Sierra Metals Trading Down 3.8 %

SMT stock opened at C$0.76 on Friday. The company has a market cap of C$159.68 million, a price-to-earnings ratio of -15.20 and a beta of 2.14. 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 business has a fifty day simple moving average of C$0.87 and a 200-day simple moving average of C$0.81. Sierra Metals Inc. has a 52 week low of C$0.34 and a 52 week high of C$1.05.

Sierra Metals (TSE:SMT) last released its quarterly earnings data on Monday, May 13th. The mining company reported C$0.02 EPS for the quarter. The business had revenue of C$85.12 million during the quarter. Sierra Metals had a negative return on equity of 5.81% and a negative net margin of 8.42%. On average, equities research analysts expect that Sierra Metals Inc. will post 0.164271 EPS for the current year.

Analysts Set New Price Targets

Separately, CIBC boosted their price target on Sierra Metals from C$1.00 to C$1.10 and gave the company a “neutral” rating in a report 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.