Home  »  News   »  Sierra Metals Inc. (SMTS) 2020 Stock Forecast: Bul...

Sierra Metals Inc. (SMTS) 2020 Stock Forecast: Bullish Outlook with 44.8% Upside

Sierra Metals Inc. (AMEX: SMTS) is -19.94% lower on its value in year-to-date trading and has touched a low of $0.45 and a high of $2.75 in the current 52-week trading range. The SMTS stock was last observed hovering at around $1.32 in the last trading session, with the day’s gains setting it 0.06% off its average median price target of $2.38 for the next 12 months. It is also 44.8% off the consensus price target high of $2.50 offered by 3 analysts, but current levels are -24.32% lower than the price target low of $1.11 for the same period.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Currently trading at $1.38, the stock is 47.60% and 63.98% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.67 million and changing 4.55% at the moment leaves the stock 14.41% off its SMA200. SMTS registered 4.76% gain for a year compared to 6-month loss of -16.98%. The firm has a 50-day simple moving average (SMA 50) of $0.8640 and a 200-day simple moving average (SMA200) of $1.1582.

The stock witnessed a 73.68% gain in the last 1 month and extending the period to 3 months gives it a 85.84%, and is 76.07% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 65.88% over the week and 22.06% over the month.

Sierra Metals Inc. (SMTS) has around 1445 employees, a market worth around $214.91M and $235.42M in sales. Current P/E ratio is 50.77 and Fwd P/E is 18.86. Distance from 52-week low is 206.67% and -49.82% from its 52-week high.

Sierra Metals Inc. (SMTS) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Sierra Metals Inc. (SMTS) is a “Overweight”. 3 analysts offering their recommendations for the stock have an average rating of 2.00, where 1 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Sierra Metals Inc. is expected to release its quarterly report on 08/17/2020 and quarterly earnings per share for the current quarter are estimated at $0.01 with sales reaching $38.23M over the same period.

Sierra Metals Inc. (SMTS) Top Institutional Holders

25 institutions hold shares in Sierra Metals Inc. (SMTS), with 1.45M shares held by insiders accounting for 0.89% while institutional investors hold 64.97% of the company’s shares. The shares outstanding are 162.81M, and float is at 75.84M with Short Float at 0.03%. Institutions hold 64.39% of the Float.

Sierra Metals Inc. (SMTS): Who are the competitors?

The company’s main competitors (and peers) include Pan American Silver Corp. (PAAS) that is trading 111.26% up over the past 12 months. Parsley Energy Inc. (PE&OLES) is -42.01% down on the 1-year trading charts. Short interest in the company’s stock has fallen -12.37% from the last report on Apr 29, 2020 to stand at a total of 25790.0 short shares sold with a short interest ratio of 0.74.

Related Posts

Hot Penny Stocks to Watch Today

The Covid-19 pandemic has made the biggest impact on blue chips and under $1 stocks (penny stocks), as is typical of the general business environment.

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

7 GROWTH STOCKS FOR 2021

Download Free eBook For

100% free. stop anytime no spam