Sherritt International (TSE:S) Trading Down 5.3% – What’s Next?

Sherritt International Co. (TSE:S)’s stock price was down 5.3% on Monday . The stock traded as low as C$0.18 and last traded at C$0.18. Approximately 100,922 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 396,762 shares. The stock had previously closed at C$0.19.

Analyst Upgrades and Downgrades

Separately, National Bankshares lowered their price target on Sherritt International from C$0.50 to C$0.35 and set a “sector perform” rating on the stock in a research report on Tuesday, October 15th.

Sherritt International Price Performance

The company’s 50-day moving average is C$0.18 and its 200-day moving average is C$0.19. The firm has a market cap of C$73.50 million, a price-to-earnings ratio of -0.58, a price-to-earnings-growth ratio of 0.02 and a beta of 1.53. The company has a current ratio of 1.28, a quick ratio of 1.24 and a debt-to-equity ratio of 65.78.

Sherritt International Company Profile

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.