Sherritt International (TSE:S) Trading Down 6%

Sherritt International Co. (TSE:S) was down 6% on Monday . The stock traded as low as C$0.32 and last traded at C$0.32. Approximately 167,900 shares changed hands during mid-day trading, a decline of 8% from the average daily volume of 182,419 shares. The stock had previously closed at C$0.34.

Analyst Ratings Changes

Separately, National Bankshares dropped their target price on Sherritt International from C$0.55 to C$0.50 and set a “sector perform” rating for the company in a research report on Friday, February 9th.

Sherritt International Stock Performance

The company has a market capitalization of C$125.15 million, a price-to-earnings ratio of -1.97, a P/E/G ratio of 0.02 and a beta of 1.66. The company has a debt-to-equity ratio of 57.95, a quick ratio of 1.24 and a current ratio of 1.39. The firm has a 50-day simple moving average of C$0.29 and a two-hundred day simple moving average of C$0.33.

Sherritt International (TSE:S) last announced its quarterly earnings data on Wednesday, February 7th. The company reported C($0.07) EPS for the quarter, topping analysts’ consensus estimates of C($0.12) by C$0.05. Sherritt International had a negative return on equity of 9.83% and a negative net margin of 28.93%. The business had revenue of C$34.80 million during the quarter. On average, sell-side analysts anticipate that Sherritt International Co. will post 0.0946746 EPS for the current fiscal year.

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.