Sierra Metals Inc. (TSE:SMT – Get Rating) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.28 and traded as high as C$0.53. Sierra Metals shares last traded at C$0.50, with a volume of 154,953 shares.

Analysts Set New Price Targets

Separately, CIBC cut their price target on shares of Sierra Metals from C$1.50 to C$1.25 in a report on Thursday, October 13th.

Sierra Metals Stock Performance

The company has a quick ratio of 0.35, a current ratio of 0.58 and a debt-to-equity ratio of 60.61. The company has a market capitalization of C$81.13 million and a PE ratio of -2.03. The stock's fifty day simple moving average is C$0.28 and its 200-day simple moving average is C$0.50.

About Sierra Metals

(Get Rating)

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 81.84% owned polymetallic Yauricocha Mine covering an area of 18,778 hectares located in the Yauyos province in Peru.

See Also

• Shopify Clears Cup-With-Handle Base: Can Momentum Continue?
• The Future Of E-Commerce: Analysis And New Data
• Chevron Delights Shareholders with $75 Billion in Share Buybacks
• Levi Strauss Is A Good Fit For Income Investors
• 3 Small Caps That Have Big Upside

Receive News & Ratings for Sierra Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sierra Metals and related companies with MarketBeat.com's FREE daily email newsletter.