Sierra Metals Inc. (NYSEAMERICAN:SMTS)‘s stock had its “buy” rating reaffirmed by analysts at HC Wainwright in a note issued to investors on Monday. They currently have a $3.50 price objective on the stock. HC Wainwright’s price target would indicate a potential upside of 38.89% from the stock’s previous close.
A number of other analysts have also weighed in on SMTS. Scotiabank reaffirmed a “sector outperform” rating on shares of Sierra Metals in a research note on Thursday, August 31st. Zacks Investment Research lowered shares of Sierra Metals from a “hold” rating to a “sell” rating in a research note on Thursday, November 9th.
Sierra Metals (SMTS) opened at $2.52 on Monday. Sierra Metals has a one year low of $1.40 and a one year high of $3.10.
Sierra Metals (NYSEAMERICAN:SMTS) last posted its earnings results on Monday, August 14th. The company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $48.57 million for the quarter.
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