The market has been high on Sierra Metals Inc (SMTS) stock recently. SMTS gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With SMTS Stock Today?
Sierra Metals Inc (SMTS) stock is lower by -7.24% while the S&P 500 has risen 0.39% as of 3:27 PM on Friday, Nov 20. SMTS is down -$0.22 from the previous closing price of $3.04 on volume of 990,549 shares. Over the past year the S&P 500 is higher by 15.23% while SMTS has risen 101.43%. SMTS earned $0.14 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 20.14.
More About Sierra Metals Inc
Sierra Metals Inc is a precious and base metals producer in Latin America. The company acquires, explores, extracts, and produces mineral concentrates consisting of silver, copper, lead, zinc and gold in Mexico and Peru. Its activity includes the operation of the Yauricocha Mine in Peru and the Bolivar and Cusi Mines in Mexico. Yauricocha is an underground polymetallic mine using the sublevel block caving and cut-and-fill mining methods. Bolivar is a copper-silver-zinc-gold underground mine using the room-and-pillar mining method. The majority of the revenue is earned by selling the mineral concentrates to its customers in Peru.