Sierra Metals (SMT) Gets a Hold Rating from Jefferies


Sierra Metals (TSX: SMT), the Materials sector company, was revisited by a Wall Street analyst on August 13. Analyst Chris LaFemina from Jefferies reiterated a Hold rating, with a C$3.80 price target on August 13.

According to TipRanks.com, LaFemina is a 2-star analyst with an average return of 0.1% and a 52.4% success rate. LaFemina covers the Basic Materials sector, focusing on stocks such as Peabody Energy Corporation Comm, CONSOL Coal Resources LP, and Cloud Peak Energy Inc.

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The the analyst consensus on Sierra Metals is currently a Hold rating.

Sierra Metals’ market cap is currently C$539.3M and has a P/E ratio of 0. The company has a Price to Book ratio of 2.56.

Sierra Metals, Inc. engages in the production, exploration, and development of precious and base metals. It operates through the Peru and Mexico geographical segments. The Peru segment consists of Yauricocha Mine. The Mexico segment conssits of Bolivar and Cusi Mines. The company was founded on April 11, 1996 and is headquartered in Toronto, Canada.

The company’s shares closed on Wednesday at C$3.25.

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