H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Sierra Metals (SMTS – Research Report) today and set a price target of $3.50. The company's shares closed last Tuesday at $1.09, close to its 52-week low of $1.04. According to TipRanks.com, Ihle is a 4-star analyst with an average return of 7.3% and a 47.4% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Northern Dynasty Minerals, and Americas Gold and Silver. Sierra Metals has an analyst consensus of Moderate Buy, with a price target consensus of $2.29.
https://www.tipranks.com/news/blurbs/h-c-wainwright-keeps-their-buy-rating-on-sierra-metals-smts?utm_source=advfn.com&utm_medium=referral
Sierra Metals (AMEX:SMTS)
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