Insider Selling: Sierra Metals Inc. (TSE:SMT) Director Sells 38,798 Shares of Stock

Sierra Metals Inc. (TSE:SMT) Director J. Alberto Arias sold 38,798 shares of Sierra Metals stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of C$0.54, for a total transaction of C$21,067.31.

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

• On Friday, July 26th, J. Alberto Arias sold 83,275 shares of Sierra Metals stock. The shares were sold at an average price of C$0.54, for a total transaction of C$45,293.27.
• On Wednesday, July 3rd, J. Alberto Arias sold 47,315 shares of Sierra Metals stock. The shares were sold at an average price of C$0.62, for a total transaction of C$29,146.04.
• On Wednesday, June 26th, J. Alberto Arias sold 141,945 shares of Sierra Metals stock. The shares were sold at an average price of C$0.58, for a total transaction 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 transaction of C$77,920.23.
• On Friday, May 24th, J. Alberto Arias sold 4,258 shares of Sierra Metals stock. The shares were sold at an average price of C$0.72, for a total transaction of C$3,052.56.
• On Tuesday, May 14th, J. Alberto Arias sold 84,500 shares of Sierra Metals stock. The shares were sold at an average price of C$0.66, for a total transaction 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 transaction of C$314.45.

Sierra Metals Stock Down 2.8 %

Shares of Sierra Metals stock traded down C$0.02 during trading hours on Monday, hitting C$0.70. The company had a trading volume of 110,407 shares, compared to its average volume of 141,099. The company’s 50-day moving average is C$0.84 and its two-hundred day moving average is C$0.82. Sierra Metals Inc. has a twelve month low of C$0.34 and a twelve month high of C$1.05. 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 company has a market cap of C$147.07 million, a P/E ratio of -14.00 and a beta of 2.14.

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

Wall Street Analysts Forecast Growth

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

Sierra Metals Company Profile

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.