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

Sherritt International Co. (TSE:S)’s stock price hit a new 52-week low on Monday . The stock traded as low as C$0.17 and last traded at C$0.17, with a volume of 116843 shares. The stock had previously closed at C$0.17.

Wall Street Analyst Weigh In

Separately, National Bankshares dropped their price objective on shares of Sherritt International from C$0.50 to C$0.35 and set a “sector perform” rating on the stock in a report on Tuesday, October 15th.

Sherritt International Price Performance

The firm has a 50 day moving average price of C$0.19 and a 200 day moving average price of C$0.23. The stock has a market capitalization of C$67.54 million, a PE ratio of -0.55, a price-to-earnings-growth ratio of 0.02 and a beta of 1.53. The company has a current ratio of 1.28, a quick ratio of 1.24 and a debt-to-equity ratio of 65.78.

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.