Sierra Metals (SMT) Given a C$3.60 Price Target by Scotiabank Analysts

Sierra Metals (TSE:SMT) has been given a C$3.60 target price by investment analysts at Scotiabank in a research note issued on Tuesday, January 2nd. The brokerage currently has a “sector perform” rating on the mining company’s stock. Scotiabank’s price target would indicate a potential upside of 16.50% from the stock’s current price.

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

Shares of Sierra Metals (SMT) traded down C$0.02 during trading hours on Tuesday, hitting C$3.09. The stock had a trading volume of 22,900 shares, compared to its average volume of 18,676. Sierra Metals has a 12-month low of C$1.97 and a 12-month high of C$3.75. The company has a market cap of $505.93, a price-to-earnings ratio of -34.33 and a beta of 1.01.

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Sierra Metals Company Profile

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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