Q2 2024 EPS Estimates for Sherritt International Co. (TSE:S) Lifted by Analyst

Sherritt International Co. (TSE:S) – Analysts at National Bank Financial lifted their Q2 2024 earnings estimates for shares of Sherritt International in a research report issued on Sunday, July 14th. National Bank Financial analyst S. Nagle now expects that the company will post earnings of ($0.07) per share for the quarter, up from their prior forecast of ($0.09). The consensus estimate for Sherritt International’s current full-year earnings is $0.09 per share. National Bank Financial also issued estimates for Sherritt International’s FY2024 earnings at ($0.14) EPS and FY2025 earnings at $0.02 EPS.

Sherritt International Stock Down 9.3 %

Shares of S opened at C$0.25 on Wednesday. The stock’s 50-day moving average price is C$0.29 and its two-hundred day moving average price is C$0.30. Sherritt International has a 12 month low of C$0.24 and a 12 month high of C$0.50. The company has a market capitalization of C$97.34 million, a PE ratio of -0.84, a PEG ratio of 0.02 and a beta of 1.63. The company has a current ratio of 1.31, a quick ratio of 1.24 and a debt-to-equity ratio of 65.25.

Sherritt International (TSE:S) last issued its quarterly earnings data on Wednesday, May 8th. The company reported C($0.06) earnings per share for the quarter, topping the consensus estimate of C($0.11) by C$0.05. The company had revenue of C$28.80 million for the quarter. Sherritt International had a negative net margin of 61.19% and a negative return on equity of 18.32%.

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.