Sierra Metals (SMT) Given a C$3.50 Price Target at Scotiabank

Sierra Metals (TSE:SMT) received a C$3.50 price objective from investment analysts at Scotiabank in a report released on Friday. The firm currently has a “sector perform” rating on the mining company’s stock. Scotiabank’s price target indicates a potential upside of 12.90% from the stock’s previous close.

Separately, Roth Capital reissued a “buy” rating on shares of Sierra Metals in a research report on Tuesday, January 16th.

Sierra Metals (SMT) remained flat at $C$3.10 during midday trading on Friday. The stock had a trading volume of 3,400 shares, compared to its average volume of 17,972. Sierra Metals has a 1-year low of C$2.75 and a 1-year high of C$3.75. The firm has a market cap of $505.44, a price-to-earnings ratio of -34.44 and a beta of 1.02.

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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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