Insider Selling: Sierra Metals Inc. (TSE:SMT) Director Sells 83,275 Shares of Stock

Sierra Metals Inc. (TSE:SMT) Director J. Alberto Arias sold 83,275 shares of Sierra Metals stock in a transaction dated Friday, July 26th. The stock was sold at an average price of C$0.54, for a total value of C$45,293.27.

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

• On Wednesday, July 3rd, J. Alberto Arias sold 47,315 shares of Sierra Metals stock. The stock was sold at an average price of C$0.62, for a total value of C$29,146.04.
• On Wednesday, June 26th, J. Alberto Arias sold 141,945 shares of Sierra Metals stock. The stock was sold at an average price of C$0.58, for a total value of C$82,867.49.
• 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.

Sierra Metals Price Performance

SMT traded up C$0.01 during trading on Friday, reaching C$0.75. The company’s stock had a trading volume of 150,459 shares, compared to its average volume of 143,298. 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 firm has a fifty day simple moving average of C$0.86 and a two-hundred day simple moving average of C$0.82. Sierra Metals Inc. has a 1 year low of C$0.34 and a 1 year high of C$1.05. The company has a market cap of C$157.58 million, a price-to-earnings ratio of -15.00 and a beta of 2.14.

Sierra Metals (TSE:SMT) last released its earnings results on Monday, May 13th. The mining company reported C$0.02 earnings per share for the quarter. Sierra Metals had a negative net margin of 8.42% and a negative return on equity of 5.81%. The business had revenue of C$85.12 million for the quarter. As a group, analysts anticipate that Sierra Metals Inc. will post 0.164271 EPS for the current year.

Analyst Ratings Changes

Separately, CIBC raised their target price on shares of Sierra Metals from C$1.00 to C$1.10 and gave the stock a “neutral” rating in a research note on Tuesday, May 14th.

About Sierra Metals

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.