Insider Selling: Sierra Metals Inc. (TSE:SMT) Director Sells C$28,345.37 in Stock

Posted by Editorial Team on May 6th, 2024

Sierra Metals Inc. (TSE:SMT – Get Free Report) Director J. Alberto Arias sold 46,369 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of C$0.61, for a total value of C$28,345.37.

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

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 stock was sold at an average price of C$0.59, for a total transaction 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 transaction of C$17,127.08.
On Friday, April 12th, J. Alberto Arias sold 95,576 shares of Sierra Metals stock. The stock was sold at an average price of C$0.62, for a total transaction of C$58,951.28.
On Wednesday, March 27th, J. Alberto Arias sold 16,560 shares of Sierra Metals stock. The shares were sold at an average price of C$0.60, for a total transaction of C$10,002.24.
On Tuesday, March 19th, J. Alberto Arias sold 21,292 shares of Sierra Metals stock. The shares were sold at an average price of C$0.56, for a total value of C$12,023.59.
On Wednesday, February 21st, J. Alberto Arias sold 94,630 shares of Sierra Metals stock. The shares were sold at an average price of C$0.64, for a total value of C$60,582.13.

Sierra Metals Price Performance

Shares of SMT stock opened at C$0.86 on Monday. The company has a market capitalization of C$180.34 million, a PE ratio of -17.20 and a beta of 2.15. Sierra Metals Inc. has a 12 month low of C$0.34 and a 12 month high of C$1.00. The company has a debt-to-equity ratio of 76.77, a current ratio of 0.44 and a quick ratio of 0.35. The firm’s 50-day moving average is C$0.80 and its two-hundred day moving average is C$0.72.

Sierra Metals (TSE:SMT – Get Free Report) last issued its quarterly earnings data on Monday, March 18th. The mining company reported C($0.05) EPS for the quarter. The company had revenue of C$82.55 million during the quarter. Sierra Metals had a negative return on equity of 5.81% and a negative net margin of 8.42%. Analysts predict that Sierra Metals Inc. will post 0.1355372 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, CIBC increased their price target on Sierra Metals from C$0.85 to C$1.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 17th.

Check Out Our Latest Stock Report on Sierra Metals

Sierra Metals Company Profile

(Get Free Report)

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.