Insider Selling: Sierra Metals Inc. (TSE:SMT) Director Sells 94,630 Shares of Stock

Sierra Metals Inc. (TSE:SMT) Director J. Alberto Arias sold 94,630 shares of the stock in a transaction that occurred on Tuesday, October 22nd. The shares were sold at an average price of C$0.90, for a total transaction of C$85,483.82.

J. Alberto Arias also recently made the following trade(s):

• On Thursday, October 10th, J. Alberto Arias sold 47,315 shares of Sierra Metals stock. The shares were sold at an average price of C$0.84, for a total transaction of C$39,914.65.
• On Monday, October 7th, J. Alberto Arias sold 85,167 shares of Sierra Metals stock. The shares were sold at an average price of C$0.81, for a total transaction of C$68,754.98.
• On Friday, September 27th, J. Alberto Arias sold 18,926 shares of Sierra Metals stock. The shares were sold at an average price of C$0.56, for a total transaction of C$10,534.21.
• On Friday, September 20th, J. Alberto Arias sold 133,902 shares of Sierra Metals stock. The shares were sold at an average price of C$0.70, for a total transaction of C$93,475.38.
• On Friday, August 23rd, J. Alberto Arias sold 75,704 shares of Sierra Metals stock. The shares were sold at an average price of C$0.54, for a total transaction of C$40,759.03.
• On Tuesday, August 6th, J. Alberto Arias sold 47,315 shares of Sierra Metals stock. The shares were sold at an average price of C$0.51, for a total transaction of C$24,031.29.
• On Wednesday, July 31st, J. Alberto Arias sold 38,798 shares of Sierra Metals stock. The shares were sold at an average price of C$0.54, for a total transaction of C$21,067.31.
• On Friday, July 26th, J. Alberto Arias sold 83,275 shares of Sierra Metals stock. The shares were sold at an average price of C$0.54, for a total transaction of C$45,293.27.

Sierra Metals Stock Up 2.3 %

SMT traded up C$0.02 during trading hours on Tuesday, reaching C$0.90. 286,147 shares of the stock traded hands, compared to its average volume of 135,709. The company has a market cap of C$189.81 million, a price-to-earnings ratio of -11.25 and a beta of 2.12. 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 Inc. has a fifty-two week low of C$0.35 and a fifty-two week high of C$1.05. The firm’s fifty day simple moving average is C$0.74 and its two-hundred day simple moving average is C$0.80.

Sierra Metals (TSE:SMT) last announced its quarterly earnings data on Friday, August 9th. The mining company reported C$0.03 earnings per share for the quarter. The company had revenue of C$78.71 million during the quarter. Sierra Metals had a negative net margin of 7.45% and a negative return on equity of 6.45%. As a group, analysts forecast that Sierra Metals Inc. will post 0.1484962 earnings per share for the current fiscal year.

Sierra Metals Company Profile

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.