Scotiabank Reiterates “C$3.50” Price Target for Sierra Metals (SMT)

Scotiabank set a C$3.50 price target on Sierra Metals (TSE:SMT) in a research note released on Friday morning. The firm currently has a sector perform rating on the mining company’s stock.

Separately, Roth Capital restated a buy rating on shares of Sierra Metals in a report on Tuesday, January 16th.

Shares of Sierra Metals (TSE:SMT) opened at C$3.10 on Friday. The company has a market capitalization of $505.44, a PE ratio of -34.44 and a beta of 1.02. Sierra Metals has a twelve month low of C$2.75 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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