Sierra Metals Inc. Director Sells C$15,848.78 in Stock

Sierra Metals Inc. (TSE:SMT) announced that its Director J. Alberto Arias sold 18,926 shares of the company on Wednesday, February 26th. The shares were sold at an average price of C$0.84, resulting in a total transaction value of C$15,848.78.

In addition to this sale, J. Alberto Arias has engaged in several other stock transactions recently:

• On February 24th, he sold 28,389 shares at C$0.84, totaling C$23,743.99.
• On February 11th, he sold 35,486 shares at C$0.92, amounting to C$32,684.84.
• On January 30th, he sold 189,260 shares at C$0.92, generating C$174,967.08.
• On January 27th, he sold 161,818 shares at C$0.90, for a total of C$145,636.20.
• On January 14th, he sold 47,315 shares at C$1.20, worth C$56,943.60.
• On December 30th, he sold 120,180 shares at C$0.84, which amounted to C$101,239.63.
• On December 27th, he sold 7,570 shares at C$0.84, totaling C$6,322.46.
• On December 20th, he sold 85,167 shares at C$0.85, which equated to C$72,063.55.
• On December 13th, he sold 88,952 shares at C$0.76, bringing in C$67,753.67.

Market Performance of Sierra Metals

As of Friday, the shares of Sierra Metals traded at C$0.71, declining by C$0.02 during mid-day trading. The trading volume was 124,500 shares, slightly below the average volume of 142,702 shares. The company maintains a current ratio of 0.86, a quick ratio of 0.35, and a high debt-to-equity ratio of 108.12. Sierra Metals has recorded a 1-year low of C$0.62 and a 1-year high of C$1.05. Its market capitalization sits at C$105.82 million with a P/E ratio of -18.71 and a beta of 2.12. The stock’s 50-day moving average is C$0.85, and the 200-day moving average is C$0.79.

Company Overview of Sierra Metals

Founded to focus on the exploration and production of precious and base metals in Peru and Mexico, Sierra Metals Inc., through its subsidiaries, mainly explores deposits of silver, copper, lead, zinc, and gold. The company's flagship asset is the Yauricocha Mine, which is 82% owned by Sierra Metals and spans 18,778 hectares in the Yauyos province of Peru.

Investment Considerations

Before investing in Sierra Metals, potential investors may want to explore other options. Analysts recommend looking into various stocks that have better potential for growth. Current sentiment towards Sierra Metals leans towards holding the stock, indicating that it may not be as favorable compared to other investment opportunities.

Sierra, Metals, Stock