Sierra Metals (SMTS) Receives a Buy from H.C. Wainwright


H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Sierra Metals (SMTS) today and set a price target of $2.25. The company’s shares closed last Saturday at $0.83.

According to TipRanks.com, Ihle is a 4-star analyst with an average return of 5.2% and a 46.1% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Northern Dynasty Minerals, and First Majestic Silver.

Currently, the analyst consensus on Sierra Metals is a Strong Buy with an average price target of $2.75.

See today’s analyst top recommended stocks >>

The company has a one-year high of $1.90 and a one-year low of $0.45. Currently, Sierra Metals has an average volume of 33.22K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Read More on SMTS:

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts