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Sierra Metals (SMTS) Surges: Stock Moves 7% Higher
Sierra Metals Inc. was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of 67.9-83.4 cents per share in the past one-month time frame.
The company has seen one negative estimate revision in the past month, while its Zacks Consensus Estimate for the current quarter has also moved lower in the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Sierra Metals currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Sierra Metals Inc. Price
Sierra Metals Inc. price | Sierra Metals Inc. Quote
A better-ranked stock in the Mining – Miscellaneous industry is Trilogy Metals Inc. (TMQ - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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