Sierra Metals Inc. (AMEX:SMTS) has seen 0.4 million shares traded in the last trading session. The company, currently valued at $348.10M, closed the last trade at $2.13 per share which meant it lost -$0.01 on the day or -0.47% during that session. The SMTS stock price is -84.04% off its 52-week high price of $3.92 and 35.21% above the 52-week low of $1.38. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.3 million shares traded. The 3-month trading volume is 381.06K shares.
The consensus among analysts is that Sierra Metals Inc. (SMTS) is an Overweight stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 4 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.01.
Sierra Metals Inc. (AMEX:SMTS) trade information
Sporting -0.47% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Friday, 09/03/21 when the SMTS stock price touched $2.13 or saw a rise of 7.79%. Year-to-date, Sierra Metals Inc. shares have moved -35.84%, while the 5-day performance has seen it change -4.91%. Over the past 30 days, the shares of Sierra Metals Inc. (AMEX:SMTS) have changed -31.07%. Short interest in the company has seen 0.37 million shares shorted with days to cover at 1.18.
Wall Street analysts have a consensus price target for the stock at $3.77, which means that the shares’ value could jump 43.5% from current levels. The projected low price target is $2.63 while the price target rests at a high of $4.25. In that case, then, we find that the current price level is -99.53% off the targeted high while a plunge would see the stock gain -23.47% from current levels.
Sierra Metals Inc. (SMTS) estimates and forecasts
Figures show that Sierra Metals Inc. shares have outperformed across the wider relevant industry. The company’s shares have lost -18.08% over the past 6 months, with this year growth rate of 50.00%, compared to 23.50% for the industry.
1 analysts offering their estimates for the company have set an average revenue estimate of $38.23 million for the current quarter. 1 have an estimated revenue figure of $61.34 million for the next quarter concluding in Mar 2018.
Sierra Metals Inc. is expected to release its next earnings report on May 06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Sierra Metals Inc. (AMEX:SMTS)’s Major holders
Insiders own 1.39% of the company shares, while shares held by institutions stand at 47.50% with a share float percentage of 48.18%. Investors are also buoyed by the number of investors in a company, with Sierra Metals Inc. having a total of 58 institutions that hold shares in the company. The top two institutional holders are Arias Resource Capital GP Ltd. with over 43.74 million shares worth more than $131.67 million. As of Jun 29, 2021, Arias Resource Capital GP Ltd. held 26.77% of shares outstanding.
The other major institutional holder is West Family Investments, Inc., with the holding of over 6.16 million shares as of Jun 29, 2021. The firm’s total holdings are worth over $18.53 million and represent 3.77% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Invesco Gold & Special Minerals Fund and Global X Fds-Global X Copper Miners ETF. As of Apr 29, 2021, the former fund manager holds about 1.60% shares in the company for having 2.61 million shares of worth $9.29 million while later fund manager owns 2.35 million shares of worth $7.07 million as of Jun 29, 2021, which makes it owner of about 1.44% of company’s outstanding stock.