Sierra Metals Inc (SMT) Price Target Raised to C$4.25

Sierra Metals Inc (TSE:SMT) had its price objective hoisted by Scotiabank from C$4.00 to C$4.25 in a research report released on Wednesday morning. Scotiabank currently has an outperform rating on the mining company’s stock.

Separately, HC Wainwright reissued a buy rating on shares of Sierra Metals in a research note on Friday, September 8th.

Shares of Sierra Metals (TSE SMT) opened at 3.05 on Wednesday. The stock’s 50 day moving average price is $3.18 and its 200 day moving average price is $3.24. Sierra Metals has a 12-month low of $1.76 and a 12-month high of $3.75. The firm’s market cap is $496.23 million.

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About Sierra Metals

Sierra Metals Inc is a Canada-based mining company. The Company is focused on the production, exploration and development of precious and base metals in Peru and Mexico. The Company’s segments are Peru and Mexico. It has over three producing mining properties. Its Peruvian Operation (Peru) includes the Yauricocha Mine, its near-mine concessions, and exploration and early-stage properties.

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