Insider Selling: Sierra Metals Inc. (TSE:SMT) Director Sells 16,560 Shares of Stock

Sierra Metals Inc. (TSE:SMT) Director J. Alberto Arias sold 16,560 shares of the company’s stock in a transaction that occurred on Wednesday, March 27th. The stock was sold at an average price of C$0.60, for a total value of C$10,002.24.

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

• On Tuesday, March 19th, J. Alberto Arias sold 21,292 shares of Sierra Metals stock. The stock was sold at an average price of C$0.56, for a total transaction of C$12,023.59.
• On Wednesday, February 21st, J. Alberto Arias sold 94,630 shares of Sierra Metals stock. The stock was sold at an average price of C$0.64, for a total transaction of C$60,582.13.

Sierra Metals Stock Down 1.3 %

Shares of TSE:SMT traded down C$0.01 during trading on Thursday, hitting C$0.77. 31,675 shares of the company’s stock traded hands, compared to its average volume of 157,352. The company has a market cap of C$159.94 million, a price-to-earnings ratio of -3.39 and a beta of 2.15. Sierra Metals Inc. has a 52 week low of C$0.34 and a 52 week high of C$1.00. The company has a current ratio of 0.51, a quick ratio of 0.35 and a debt-to-equity ratio of 66.23. The company has a 50-day moving average price of C$0.78 and a 200-day moving average price of C$0.64.

Wall Street Analysts Forecast Growth

Separately, CIBC lifted their price target on shares of Sierra Metals from C$0.75 to C$0.85 in a research report on Thursday, December 14th.

About Sierra Metals

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.