Sherritt International (TSE:S) Reaches New 52-Week Low – Here’s Why

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$0.15 and last traded at C$0.15, with a volume of 175280 shares. The stock had previously closed at C$0.16.

Analyst Ratings Changes

Separately, National Bankshares cut 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 research note on Tuesday, October 15th.

Sherritt International Trading Up 3.2 %

The company has a market capitalization of C$63.57 million, a PE ratio of -0.50, a P/E/G ratio of 0.02 and a beta of 1.53. The company has a debt-to-equity ratio of 65.78, a quick ratio of 1.24 and a current ratio of 1.28. The business has a fifty day moving average price of C$0.18 and a 200 day moving average price of C$0.21.

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.