Sherritt International (TSE:S) Sets New 12-Month Low – Here’s Why

Sherritt International Co. (TSE:S) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.16 and last traded at C$0.16, with a volume of 151617 shares. The stock had previously closed at C$0.16.

Analyst Ratings Changes

Separately, National Bankshares cut their price objective 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 company has a 50 day moving average of C$0.17 and a two-hundred day moving average of C$0.20. The company has a debt-to-equity ratio of 65.78, a current ratio of 1.28 and a quick ratio of 1.24. The company has a market capitalization of C$63.57 million, a PE ratio of -0.50, a PEG ratio of 0.02 and a beta of 1.53.

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.