CIBC analyst Bryce Adams maintained a Hold rating on Sierra Metals (SMTS – Research Report) today and set a price target of C$1.90. The company's shares closed last Wednesday at $1.02. According to TipRanks.com, Adams is a 4-star analyst with an average return of 16.4% and a 67.1% success rate. Adams covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources, Teck Resources, and Lundin Mining. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sierra Metals with a $2.04 average price target.
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