Sherritt International (TSE:S) Reaches New 1-Year Low – What’s Next?

by · The Markets Daily

Sherritt International Co. (TSE:S – Get Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.17 and last traded at C$0.17, with a volume of 116843 shares. The stock had previously closed at C$0.17.

Wall Street Analysts Forecast Growth

Separately, National Bankshares reduced their price objective on shares of Sherritt International from C$0.50 to C$0.35 and set a “sector perform” rating for the company in a research note on Tuesday, October 15th.

Check Out Our Latest Analysis on Sherritt International

Sherritt International Stock Performance

The company has a debt-to-equity ratio of 65.78, a quick ratio of 1.24 and a current ratio of 1.28. The company has a market cap of C$67.54 million, a PE ratio of -0.55, a PEG ratio of 0.02 and a beta of 1.53. The business’s 50-day moving average is C$0.19 and its 200 day moving average is C$0.23.

Sherritt International Company Profile

(Get Free Report)

Sherritt International Corporation engages in the mining, processing, refining, and sale of nickel and cobalt in North America, Cuba, Europe, Asia, Australia, and internationally. It operates through Metals, Power, Technologies, Oil and Gas, and Corporate segments. The company also produces and sells agricultural fertilizers, such as anhydrous ammonia, granular ammonium sulfate, and crystalline ammonium sulfate; and sulfuric acid, zinc sulfides, and copper sulfides.

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