Sierra Metals (NASDAQ:SMTS) Rating Increased to Hold at BidaskClub

BidaskClub upgraded shares of Sierra Metals (NASDAQ:SMTS) from a sell rating to a hold rating in a report published on Wednesday, BidAskClub reports.

NASDAQ SMTS opened at $1.89 on Wednesday. Sierra Metals has a 1-year low of $0.45 and a 1-year high of $2.75. The business’s 50-day simple moving average is $1.52 and its 200-day simple moving average is $1.22.

Sierra Metals (NASDAQ:SMTS) last released its quarterly earnings data on Thursday, August 13th. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.02. The firm had revenue of $41.90 million during the quarter, compared to analyst estimates of $48.09 million.

About Sierra Metals

Sierra Metals Inc 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 holds 81.84% interest in the polymetallic Yauricocha Mine, which covers 18,778 hectares located in the Yauyos province in Peru.

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