Sierra Metals Inc. (TSE:SMT – Get Rating)'s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.24 and traded as low as C$0.23. Sierra Metals shares last traded at C$0.23, with a volume of 55,811 shares traded.

Analysts Set New Price Targets

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

Sierra Metals Trading Up 2.1 %

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 firm has a 50 day moving average price of C$0.24 and a 200 day moving average price of C$0.57. The stock has a market capitalization of C$39.34 million and a PE ratio of -0.96.

Sierra Metals Company Profile

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.

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