▲ +19.20% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Sierra Metals in the last 3 months. The average price target is $3.85, with a high forecast of $4.80 and a low forecast of $2.50. The average price target represents a 19.20% upside from the last price of $3.23.
The current consensus among 3 investment analysts is to buy stock in Sierra Metals. This Buy consensus rating has held steady for over two years.
Sierra Metals Inc. focuses on 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's flagship property is the 81.84% owned polymetallic Yauricocha Mine covering an area of 18,778 hectares located in the Yauyos province in Peru. It also holds 100% interest in the Bolivar and Cusi Mines in Mexico. The company was formerly known as Dia Bras Exploration Inc. and changed its name to Sierra Metals Inc. in December 2012. Sierra Metals Inc. was incorporated in 1996 and is headquartered in Toronto, Canada.