Sierra Metals (SMT) Given a C$3.60 Price Target by Scotiabank Analysts

Sierra Metals (TSE:SMT) has been given a C$3.60 target price by analysts at Scotiabank in a note issued to investors on Tuesday. The brokerage currently has a “sector perform” rating on the mining company’s stock. Scotiabank’s price target indicates a potential upside of 20.40% from the stock’s current price.

Separately, HC Wainwright reiterated a “buy” rating on shares of Sierra Metals in a report on Friday, September 8th.

Shares of Sierra Metals (SMT) opened at C$2.99 on Tuesday. The company has a market cap of $483.44, a PE ratio of -33.22 and a beta of 1.00. Sierra Metals has a twelve month low of C$1.95 and a twelve month high of C$3.75.

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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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