Sherritt International (TSE:S) Reaches New 12-Month Low – Here’s What Happened

Sherritt International Co. (TSE:S) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.18 and last traded at C$0.18, with a volume of 79331 shares traded. The stock had previously closed at C$0.18.

Analyst Upgrades and Downgrades

Separately, National Bankshares decreased their target price 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.

Sherritt International Stock Performance

The stock’s 50 day moving average is C$0.19 and its 200 day moving average is C$0.24. The company has a current ratio of 1.28, a quick ratio of 1.24 and a debt-to-equity ratio of 65.78. The firm has a market cap of C$71.51 million, a price-to-earnings ratio of -0.55, a price-to-earnings-growth ratio of 0.02 and a beta of 1.53.

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.