Separately, Scotiabank reaffirmed an “outperform” rating and issued a C$4.00 price objective on shares of Sierra Metals in a research report on Thursday, August 31st.
Sierra Metals (TSE:SMT) opened at 3.50 on Friday. The stock has a 50 day moving average of $3.20 and a 200-day moving average of $3.31. Sierra Metals has a 1-year low of $1.70 and a 1-year high of $3.75. The firm’s market capitalization is $569.45 million.
About Sierra Metals
Sierra Metals Inc is a Canada-based mining company. The Company is focused on the production, exploration and development of precious and base metals in Peru and Mexico. The Company’s segments are Peru and Mexico. It has over three producing mining properties. Its Peruvian Operation (Peru) includes the Yauricocha Mine, its near-mine concessions, and exploration and early-stage properties.
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