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Message: Insiders still buying at Sierra Metals

 

 
2017-02-03 03:10:00 PM ET (CTV Globe Media)
   
   
<p>Sierra Metals is focused on its Yauricocha polymetallic mine in Peru and its Bolivar copper and Cusi silver mines, both in Mexico.</p><p>The stock has made a move to the upside following the Jan. 18 release of 2016 production numbers and guidance.</p><p>For 2017, it envisions silver equivalent production will range between 11.5 and 13.5 million ounces. Following the news, CEO Mark Brennan bought 10,000 shares at $2.31.</p><p>Over the past six months, insiders have spent $327,894 buying shares on a beneficial ownership basis in the public market.</p><p><em>Disclaimer:</em></p><p><em>Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at</em> <a href="http://www.inkresearch.com/" title="">www.inkresearch.com</a><em>. Securities referenced in this profi le may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.</em></p><p><em>Graph Footnote:</em></p><p><em>Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.</em></p>
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