Yesterday, an analyst has provided a rating update for the Materials sector company, Sierra Metals (SMT). Analyst Chris LaFemina from Jefferies remains neutral on the stock and has a C$3.30 price target.
According to TipRanks.com, LaFemina is a 1-star analyst with an average return of -4.5% and a 43.5% success rate. LaFemina covers the Basic Materials sector, focusing on stocks such as Peabody Energy Corporation Comm, Newmont Mining Corporation, and CONSOL Coal Resources LP.
Sierra Metals has an analyst consensus of Hold, with a price target consensus of C$3.30.
The company has a one-year high of C$3.85 and a one-year low of C$2.68. Currently, Sierra Metals has an average volume of 22.9K.
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$3.10.
