Noble Financial restated their buy rating on shares of Sierra Metals (NYSEAMERICAN:SMTS) in a research report report published on Sunday morning, AnalystRatings.com reports. Noble Financial currently has a $4.00 price objective on the stock.

Separately, Zacks Investment Research raised Sierra Metals from a sell rating to a hold rating in a report on Thursday, July 25th.

Shares of SMTS opened at $1.32 on Friday. Sierra Metals has a 12-month low of $1.15 and a 12-month high of $2.73.

A hedge fund recently raised its stake in Sierra Metals stock. ETF Managers Group LLC raised its holdings in Sierra Metals Inc (NYSEAMERICAN:SMTS) by 25.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 501,245 shares of the company’s stock after acquiring an additional 102,699 shares during the quarter. ETF Managers Group LLC owned 0.31% of Sierra Metals worth $624,000 as of its most recent filing with the SEC.

Sierra Metals Company Profile

Sierra Metals Inc engages in 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 holds 81.84% interest in the polymetallic Yauricocha Mine located in the Yauyos province in Peru.

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