---
title: "Sierra Metals Inc. (TSE:SMT) Director Acquires C$10,125.00 in Stock"
description: "Sierra Metals Inc. (TSE:SMT) Director Ernesto Balarezo purchased 15,000 shares at an average price of C{{.Question}}.68, totaling C,125.00. Currently, shares opened at C{{.Question}}.70, showing a 2.9"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/213564122.md"
published_at: "2024-09-05T13:26:03.000Z"
---

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

> Sierra Metals Inc. (TSE:SMT) Director Ernesto Balarezo purchased 15,000 shares at an average price of C{{.Question}}.68, totaling C,125.00. Currently, shares opened at C{{.Question}}.70, showing a 2.9% increase. The company has a market cap of C.63 million, a PE ratio of -8.75, and significant debt levels, indicating higher risk. Despite a recent earnings report of C{{.Question}}.03 EPS and a negative net margin of 7.45%, analysts predict an EPS of 0.109 for the current fiscal year. Recent analyst upgrades place a neutral rating on shares with a target of C.10.

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 Downgrades

Separately, 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 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.

## Read More

-   Five stocks we like better than Sierra Metals
-   The 3 Best Blue-Chip Stocks to Buy Now
-   Top 3 Emerging Market ETFs to Watch as the U.S. Dollar Weakens
-   How to Most Effectively Use the MarketBeat Earnings Screener
-   As Home Prices Hit Highs, These Apartment REITs Offer Growth
-   What Does a Gap Up Mean in Stocks? How to Play the Gap
-   3 ETFs to Build a Simple and Balanced Stock Portfolio

*This 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

### Related Stocks

- [SMTSF.US - Sierra Metals Inc.](https://longbridge.com/en/quote/SMTSF.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 特朗普暗示违法征收的关税不退了，美财长称今年关税收入将 “基本保持不变” | 美国总统特朗普暗示不会退还被最高法院裁定违法的关税，预计 2026 年关税收入将保持不变。特朗普计划签署行政令，对全球商品加征 10% 进口关税，取代被推翻的关税。财长贝森特表示，政府将利用替代法律权力维持关税收入，强调国家安全和财政收入不 | [Link](https://longbridge.com/en/news/276494362.md) |
| 美财政部让步，拟修订主权财富基金税收提案，此前遭私募业警告 | 美国财政部正就一项针对主权财富基金和公共养老基金征税方式进行全面改革的提案作出让步。相关提案此前由美国国税局提出，拟更新税法第 892 条，将这些基金持有的多数美国债务投资归为商业活动，这将令其面临被征税的风险。此前，私募信贷和私募股权公司 | [Link](https://longbridge.com/en/news/276491732.md) |
| 利安德巴塞尔工业｜10-K：2025 财年营收 302 亿美元超过预期 |  | [Link](https://longbridge.com/en/news/276482405.md) |
| 传言成真？英伟达对 OpenAI 的 “1000 亿美元投资” 最终 “打了三折” | 据报道，英伟达正接近敲定对 OpenAI 最高 300 亿美元的股权投资，取代此前官宣的 1000 亿美元合作框架。原有协议因条款分歧与内部疑虑未能落地，黄仁勋亦曾强调其不具约束力。此次新融资轮规模或超 1000 亿美元，OpenAI 估值 | [Link](https://longbridge.com/en/news/276507066.md) |
| 都想学英伟达 “芯片换融资”，谷歌和 AMD 都要扶持 “AI 云” | 谷歌正试图复制英伟达的成功路径，利用金融实力构建芯片生态系统。公司正洽谈向 “新型云” 公司 Fluidstack 注资约 1 亿美元，并为 Hut 8 等转型矿企提供项目融资支持，以换取 TPU 芯片的采用。AMD 则更为激进，为初创公司 | [Link](https://longbridge.com/en/news/276502552.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
