Sierra Metals Inc. (TSE:SMT) Director Acquires C$10,125.00 in Stock

Sierra Metals Inc. (TSE:SMT - Get Free Report) Director Ernesto Balarezo purchased 15,000 shares of the business's stock in a transaction on Wednesday, September 4th. The shares were acquired at an average price of C$0.68 per share, with a total value of C$10,125.00.Get Sierra Metals alerts:Sierra Metals Stock Up 2.9 %Shares of SMT opened at C$0.70 on Thursday. The stock has a market cap of C$147.63 million, a price-to-earnings ratio of -8.75 and a beta of 2.12. The company has a quick ratio of 0.35, a current ratio of 0.98 and a debt-to-equity ratio of 83.36. Sierra Metals Inc. has a 12 month low of C$0.34 and a 12 month high of C$1.05. The company has a 50-day moving average price of C$0.75 and a two-hundred day moving average price of C$0.81. Sierra Metals (TSE:SMT - Get Free Report) last announced its quarterly earnings results on Friday, August 9th. The mining company reported C$0.03 EPS for the quarter. Sierra Metals had a negative net margin of 7.45% and a negative return on equity of 6.45%. The firm had revenue of C$78.71 million during the quarter. Equities analysts predict that Sierra Metals Inc. will post 0.1093248 EPS for the current fiscal year. Analyst Upgrades and DowngradesSeparately, CIBC raised 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 research note on Tuesday, May 14th.Get Our Latest Research Report on Sierra MetalsSierra 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.Read MoreFive stocks we like better than Sierra MetalsThe 3 Best Blue-Chip Stocks to Buy NowTop 3 Emerging Market ETFs to Watch as the U.S. Dollar WeakensHow to Most Effectively Use the MarketBeat Earnings ScreenerAs Home Prices Hit Highs, These Apartment REITs Offer GrowthWhat Does a Gap Up Mean in Stocks? How to Play the Gap3 ETFs to Build a Simple and Balanced Stock PortfolioThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ The $15 "Insider Secret" That Could Save Your Retirement (From Behind the Markets) (Ad)Should you invest $1,000 in Sierra Metals right now?Before you consider Sierra Metals, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sierra Metals wasn't on the list.While Sierra Metals currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here