Sierra Metals Inc.
SMTS
was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session.This stock, which remained volatile and traded within the range of $2.8900 –$3.3000 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen one negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, 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 has a Zacks Rank #3 (Hold) while its
Earnings ESP
is 0.00%.
Investors interested in the Mining – Miscellaneous industry may consider
BHP Group Limited
BHP
which has a Zacks Rank #1 (Strong Buy). You can see
the complete list of today’s Zacks #1 Rank stocks here.
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