Sherritt International (SHERF) to Release Earnings on Tuesday

Sherritt International (OTCMKTS:SHERF) is projected to issue its resultson Tuesday, May 12th. Analysts expect the company to announce earnings of ($0.0360) per share and revenue of $41.4330 million for the quarter.

Sherritt International Trading Up 8.1%

Shares of SHERF traded up $0.01 during midday trading on Tuesday, hitting $0.19. The company’s stock had a trading volume of 501 shares, compared to its average volume of 94,861. The company’s fifty day simple moving average is $0.17 and its two-hundred day simple moving average is $0.14. Sherritt International has a one year low of $0.08 and a one year high of $0.25.

Sherritt International Company Profile

Sherritt International Corporation is a Canada‐based resource company specializing in the production and marketing of nickel and cobalt, as well as in the development and operation of oil and gas assets. Founded in 1927, Sherritt has evolved into one of the world’s largest independent producers of these critical battery metals, leveraging hydrometallurgical processing to transform lateritic ores into high‐purity end products for global markets.

The company’s metals segment includes its 50/50 joint venture with General Nickel Company in Cuba (Moa Joint Venture) and a majority interest in the Ambatovy nickel‐cobalt project in Madagascar.