HC Wainwright reaffirmed their buy rating on shares of Sierra Metals Inc. (NASDAQ:SMTS) in a report issued on Tuesday. They currently have a $3.50 target price on the stock.

Separately, Scotiabank reissued a sector outperform rating on shares of Sierra Metals in a research report on Thursday, August 31st.

Shares of Sierra Metals (NASDAQ SMTS) traded down 1.54% during mid-day trading on Tuesday, hitting $2.55. The company had a trading volume of 19,389 shares. Sierra Metals has a 12 month low of $1.29 and a 12 month high of $3.10. The firm’s market capitalization is $414.83 million. The firm has a 50-day moving average price of $2.61 and a 200 day moving average price of $3.13.

Sierra Metals (NASDAQ:SMTS) last issued its quarterly earnings data 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. On average, equities research analysts forecast that Sierra Metals will post $0.54 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “HC Wainwright Reaffirms Buy Rating for Sierra Metals Inc. (SMTS)” was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this story can be accessed at https://www.thecerbatgem.com/2017/10/06/hc-wainwright-reaffirms-buy-rating-for-sierra-metals-inc-smts.html.

Receive News & Stock Ratings for Sierra Metals Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sierra Metals Inc. and related stocks with our FREE daily email newsletter.