Sherritt International Co. (TSE:S – Get Free Report)’s stock price reached a new 52-week low on Friday . The company traded as low as C$0.19 and last traded at C$0.20, with a volume of 156042 shares. The stock had previously closed at C$0.20.
Wall Street Analysts Forecast Growth
Separately, National Bankshares lowered their price target on shares of Sherritt International from C$0.50 to C$0.35 and set a “sector perform” rating on the stock in a report on Tuesday, October 15th.
Sherritt International Stock Performance
Sherritt International (TSE:S – Get Free Report) last posted its earnings results on Monday, July 29th. The company reported C($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of C($0.07) by C$0.04. The company had revenue of C$51.40 million during the quarter. Sherritt International had a negative return on equity of 20.46% and a negative net margin of 86.00%. On average, analysts expect that Sherritt International Co. will post 0.0576923 EPS for the current fiscal year.
About Sherritt International
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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