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Insider Buying: Sierra Metals Inc. (TSE:SMT) Director Buys 20,600 Shares of Stock

Sierra Metals logo with Basic Materials background

Sierra Metals Inc. (TSE:SMT - Get Free Report) Director Ernesto Balarezo purchased 20,600 shares of the company's stock in a transaction dated Thursday, November 14th. The stock was bought at an average cost of C$0.67 per share, for a total transaction of C$13,715.69.

Ernesto Balarezo also recently made the following trade(s):

  • On Wednesday, September 4th, Ernesto Balarezo purchased 15,000 shares of Sierra Metals stock. The stock was bought at an average cost of C$0.68 per share, for a total transaction of C$10,125.00.

Sierra Metals Stock Up 1.6 %

Sierra Metals stock traded up C$0.01 during mid-day trading on Friday, hitting C$0.65. 2,811,012 shares of the company's stock were exchanged, compared to its average volume of 158,880. The company has a current ratio of 0.98, a quick ratio of 0.35 and a debt-to-equity ratio of 83.36. The stock has a market cap of C$137.09 million, a P/E ratio of -8.25 and a beta of 2.12. Sierra Metals Inc. has a 1-year low of C$0.46 and a 1-year high of C$1.05. The stock has a 50 day moving average of C$0.78 and a two-hundred day moving average of C$0.80.

Sierra Metals (TSE:SMT - Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The mining company reported C$0.03 earnings per share (EPS) for the quarter. The company had revenue of C$96.77 million for the quarter. Sierra Metals had a negative return on equity of 6.45% and a negative net margin of 7.45%. As a group, analysts anticipate that Sierra Metals Inc. will post 0.1484962 EPS for the current fiscal year.

About Sierra Metals

(Get Free Report)

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 82% owned polymetallic Yauricocha Mine covering an area of 18,778 hectares located in the Yauyos province in Peru.

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