Insider Selling: Sierra Metals Inc. (TSE:SMT) Director Sells 18,926 Shares of Stock

Sierra Metals Inc. (TSE:SMT) Director J. Alberto Arias sold 18,926 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of C$0.76, for a total value of C$14,340.02.

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

• On Wednesday, November 6th, J. Alberto Arias sold 5,205 shares of Sierra Metals stock. The shares were sold at an average price of C$0.81, for a total value of C$4,224.26.
• On Friday, October 25th, J. Alberto Arias sold 47,315 shares of Sierra Metals stock. The stock was sold at an average price of C$0.93, for a total transaction of C$43,998.69.
• On Tuesday, October 22nd, J. Alberto Arias sold 94,630 shares of Sierra Metals stock. The shares were sold at an average price of C$0.90, for a total transaction of C$85,483.82.
• On Thursday, October 10th, J. Alberto Arias sold 47,315 shares of Sierra Metals stock. The stock was 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 stock was sold at an average price of C$0.56, for a total value of C$10,534.21.
• On Friday, September 20th, J. Alberto Arias sold 133,902 shares of Sierra Metals stock. The stock was sold at an average price of C$0.70, for a total value of C$93,475.38.
• On Friday, August 23rd, J. Alberto Arias sold 75,704 shares of Sierra Metals stock. The stock was sold at an average price of C$0.54, for a total value of C$40,759.03.

Sierra Metals Stock Performance

SMT stock opened at C$0.64 on Thursday. The stock’s 50 day simple moving average is C$0.78 and its 200 day simple moving average is C$0.80. Sierra Metals Inc. has a 12-month low of C$0.46 and a 12-month high of C$1.05. The firm has a market cap of C$134.98 million, a P/E ratio of -8.25 and a beta of 2.12. The company has a current ratio of 0.98, a quick ratio of 0.35 and a debt-to-equity ratio of 83.36.

Sierra Metals (TSE:SMT) last issued its earnings results on Wednesday, November 6th. The mining company reported C$0.03 earnings per share for the quarter. Sierra Metals had a negative net margin of 7.45% and a negative return on equity of 6.45%. The company had revenue of C$96.77 million for the quarter. As a group, equities research analysts predict that Sierra Metals Inc. will post 0.1484962 EPS for the current year.

About Sierra Metals

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.