--- 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 | |-------|-------------|-----| | Cruise operator Carnival to unify dual listing | Carnivalannounced plans to unify its dual listings in New York and London and redomicile to Bermuda. The UK-listed Carni | [Link](https://longbridge.com/en/news/276491689.md) | | BlackBarn, VR Global Partners raise stake in Brazil's Azul | Azul (AZUL53.SA):BLACKBARN REACHED 8.1% STAKE IN AZUL'S COMMON SHARES - FILINGBRAZIL'S AZUL: VR GLOBAL PARTNERS REACHED | [Link](https://longbridge.com/en/news/276493947.md) | | Insider Selling: Atlassian (NASDAQ:TEAM) CTO Sells 3,072 Shares of Stock | Atlassian Corporation PLC CTO Rajeev Bashyam Rajan sold 3,072 shares of stock at an average price of $81.35, totaling $2 | [Link](https://longbridge.com/en/news/276497817.md) | | Tempus AI EVP Erik Phelps Sells Shares | Erik Phelps, EVP and Chief Admin. Officer of Tempus AI, sold 9,464 shares of Class A Common Stock on February 19, 2026, | [Link](https://longbridge.com/en/news/276495655.md) | | Annette Franqui Purchases 1,540 Shares of OFG Bancorp (NYSE:OFG) Stock | OFG Bancorp Director Annette Franqui purchased 1,540 shares of the company's stock at $42.06 per share, totaling $64,772 | [Link](https://longbridge.com/en/news/276494822.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.