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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With SMTS Stock Today?
Sierra Metals Inc (SMTS) stock is trading at $0.19 as of 1:54 PM on Wednesday, Oct 26, a drop of -$0.05, or -19.61% from the previous closing price of $0.24. The stock has traded between $0.19 and $0.22 so far today. Volume today is more active than usual. So far 1,303,215 shares have traded compared to average volume of 299,318 shares.
More About Sierra Metals Inc
Sierra Metals Inc is a precious and base metals producer in Peru and Mexico. The company acquires, explores, extracts, and produces mineral concentrates consisting of silver, copper, lead, zinc and gold. Sierra has interests in the Yauricocha Mine in Peru, and the Bolivar and Cusi Mines, Mexico. The majority of the revenue comes from selling the mineral concentrates to its customers in Peru.
Click Here to get the full Stock Report for Sierra Metals Inc stock.
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