The Globe and Mail reports in its Thursday, April 18, edition that CIBC World Markets mining analyst Bryce Adams has reiterated his "neutral" recommendation for Sierra Metals. The Globe's David Leeder writes in the Eye On Equities column that Mr. Adams gave his share target a 15-cent boost to $1, matching the consensus. Mr. Adams says in a note: "We expect most of our base metals coverage to report softer operational results, and in turn softer financial results for Q1/24. It is early in the year, but most companies will need stronger operational results in Q2/24 to be well-positioned against full-year guidance ranges. Copper prices averaged $3.83/lb, close to our estimate of $3.85/lb, and provisional pricing impacts are modest."