Q4 2017 Earnings Estimate for Sherritt International Corp Issued By National Bank Financial (S)
Sherritt International Corp (TSE:S) – Equities research analysts at National Bank Financial lifted their Q4 2017 earnings per share estimates for shares of Sherritt International in a report issued on Sunday. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings of ($0.14) per share for the quarter, up from their previous estimate of ($0.15). National Bank Financial currently has a “Outperform Spec Overweight” rating on the stock. National Bank Financial also issued estimates for Sherritt International’s FY2018 earnings at ($0.20) EPS and FY2019 earnings at $0.02 EPS.
Sherritt International (TSE:S) last released its earnings results on Tuesday, October 24th. The company reported C($0.29) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C($0.08) by C($0.21). Sherritt International had a negative net margin of 109.79% and a negative return on equity of 33.79%.
Sherritt International (S) opened at C$1.31 on Wednesday. Sherritt International has a 12-month low of C$0.74 and a 12-month high of C$1.87. The firm has a market cap of $392.64, a PE ratio of -1.09 and a beta of 1.53.
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About Sherritt International
Sherritt International Corporation is engaged in the mining and refining of nickel and cobalt from lateritic ores with projects and operations in Canada, Cuba and Madagascar. The Company’s segments include Metals, Oil and Gas, Power, and Corporate and Other. The Metals segment includes mining, processing and refining nickel and cobalt from lateritic ore bodies, through the partnership with General Nickel Company SA of Cuba (the Moa Joint Venture); an interest in the Ambatovy Joint Venture that owns a nickel operation in Madagascar.
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