Sierra Metals’ (SMTS) Buy Rating Reaffirmed at HC Wainwright

HC Wainwright restated their buy rating on shares of Sierra Metals (NYSEAMERICAN:SMTS) in a report published on Wednesday. The brokerage currently has a $3.50 price objective on the stock.

Other equities research analysts also recently issued research reports about the company. Scotiabank reaffirmed a sector perform rating on shares of Sierra Metals in a report on Tuesday, November 14th. Zacks Investment Research downgraded Sierra Metals from a hold rating to a sell rating in a report on Thursday, November 9th.

Shares of Sierra Metals (NYSEAMERICAN SMTS) traded up $0.02 during mid-day trading on Wednesday, hitting $2.41. The company’s stock had a trading volume of 3,430 shares, compared to its average volume of 23,733. The firm has a market cap of $387.01, a P/E ratio of -30.13 and a beta of 1.82. Sierra Metals has a 52-week low of $1.47 and a 52-week high of $3.10.

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