Ernesto Balarezo Buys 20,600 Shares of Sierra Metals Inc. (TSE:SMT) Stock

Sierra Metals Inc. (TSE:SMT) Director Ernesto Balarezo bought 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 acquired 15,000 shares of Sierra Metals stock. The stock was purchased at an average price of C$0.68 per share, for a total transaction of C$10,125.00.

Sierra Metals Stock Up 1.6 %

Shares of Sierra Metals stock opened at C$0.65 on Friday. Sierra Metals Inc. has a one year low of C$0.46 and a one year high of C$1.05. The company has a market cap of C$137.09 million, a P/E ratio of -8.13 and a beta of 2.12. The company has a debt-to-equity ratio of 83.36, a quick ratio of 0.35 and a current ratio of 0.98. The firm has a fifty day moving average of C$0.78 and a two-hundred day moving average of C$0.80.

Sierra Metals (TSE:SMT) last posted its quarterly earnings results on Wednesday, November 6th. The mining company reported C$0.03 earnings per share (EPS) for the quarter. Sierra Metals had a negative net margin of 7.45% and a negative return on equity of 6.45%. The firm had revenue of C$96.77 million during the quarter. On average, analysts forecast that Sierra Metals Inc. will post 0.1484962 earnings per share for the current year.

Sierra Metals Company Profile

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.