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

Sierra Metals Inc. (TSE:SMT) Director Ernesto Balarezo acquired 20,600 shares of the firm’s stock in a transaction that occurred on Thursday, November 14th. The shares were 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 shares were bought at an average price of C$0.68 per share, with a total value of C$10,125.00.

Sierra Metals Stock Performance

SMT opened at C$0.65 on Friday. 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 market cap of C$137.09 million, a P/E ratio of -8.13 and a beta of 2.12. The stock’s 50 day simple moving average is C$0.78 and its 200 day simple moving average is C$0.80. The company has a debt-to-equity ratio of 83.36, a current ratio of 0.98 and a quick ratio of 0.35.

Sierra Metals (TSE:SMT) last posted its earnings results on Wednesday, November 6th. The mining company reported C$0.03 earnings per share 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, equities analysts anticipate that Sierra Metals Inc. will post 0.1484962 EPS for the current fiscal year.

About Sierra Metals

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.