Sherritt International (TSE:S) Stock Price Up 7.1% – What’s Next?

Sherritt International Co. (TSE:S)’s stock price was up 7.1% on Thursday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 453,851 shares traded hands during trading, a decline of 65% from the average daily volume of 1,300,458 shares. The stock had previously closed at C$0.14.

Sherritt International Price Performance

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 stock’s fifty day moving average price is C$0.13 and its 200-day moving average price is C$0.18. The firm has a market cap of C$147.83 million, a PE ratio of -3.50, a P/E/G ratio of 0.02 and a beta of -0.73.

Sherritt International (TSE:S) last released its quarterly earnings data on Thursday, June 25th. The company reported C($0.02) EPS for the quarter. Sherritt International had a negative return on equity of 20.46% and a negative net margin of 86.00%.The company had revenue of C$34.00 million for the quarter. As a group, equities analysts forecast that Sherritt International Co. will post 0.0576923 EPS for the current fiscal year.

Sherritt International Company Profile

Sherritt is a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt – metals deemed critical for the energy transition. Leveraging its technical expertise and decades of experience in critical minerals processing, Sherritt is committed to expanding domestic refining capacity and reducing reliance on foreign sources. The Corporation operates a strategically important refinery in Alberta, Canada, recognized as the only significant cobalt refinery and one of just three nickel refineries in North America.