H.C. Wainwright Reconfirms Sierra Metals Inc (SMTS) As a Buy; They Now Have a Target Price Of $4.2500

June 20, 2018 - By Margaret Downey

Sierra Metals Inc (SMTS) Rating Reaffirmed

H.C. Wainwright now has a $4.2500 target price per share on the $426.11 million market cap company or 63.76 % upside potential. In a note revealed to investors and clients on 19 June, Sierra Metals Inc (SMTS) shares have had their Buy Rating reaffirmed by research professionals at H.C. Wainwright.

Sierra Metals Inc. (NYSEAMERICAN:SMTS) Ratings Coverage

Among 4 analysts covering Sierra Metals Inc (SMTS), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Sierra Metals Inc has $4.25 highest and $3.5 lowest target. $4.25’s average target is 63.76% above currents $2.5952 stock price. Sierra Metals Inc had 11 analyst reports since January 3, 2018 according to SRatingsIntel. As per Wednesday, January 3, the company rating was maintained by H.C. Wainwright. The firm earned “Buy” rating on Friday, January 19 by H.C. Wainwright. H.C. Wainwright maintained Sierra Metals Inc. (NYSEAMERICAN:SMTS) rating on Friday, March 23. H.C. Wainwright has “Buy” rating and $4.2500 target. The company was maintained on Thursday, June 7 by H.C. Wainwright. H.C. Wainwright maintained the stock with “Buy” rating in Tuesday, June 19 report. H.C. Wainwright maintained it with “Buy” rating and $4.25 target in Monday, February 12 report. Roth Capital maintained it with “Buy” rating and $4.2500 target in Thursday, April 12 report. The firm has “Buy” rating by H.C. Wainwright given on Tuesday, May 1.

The stock decreased 0.57% or $0.0148 during the last trading session, reaching $2.5952. About 7,731 shares traded. Sierra Metals Inc. (SMTS) has risen 18.65% since June 20, 2017 and is uptrending. It has outperformed by 6.08% the S&P500.

Analysts await Sierra Metals Inc. (NYSEAMERICAN:SMTS) to report earnings on August, 13. They expect $0.04 EPS, up 100.00 % or $0.02 from last year’s $0.02 per share. SMTS’s profit will be $6.57M for 16.22 P/E if the $0.04 EPS becomes a reality. After $0.07 actual EPS reported by Sierra Metals Inc. for the previous quarter, Wall Street now forecasts -42.86 % negative EPS growth.

Sierra Metals Inc. engages in the production, exploration, and development of precious and base metals in Peru and Mexico. The company has market cap of $426.11 million. It primarily focuses on exploration of silver, copper, lead, zinc, and gold deposits. It currently has negative earnings. The firm holds 81.84% interest in the Yauricocha Mine, a polymetallic deposit located in the Yauyos province in Peru.

Sierra Metals Inc. (NYSEAMERICAN:SMTS) Ratings Chart

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