Sherritt International (TSE:S) Sets New 52-Week Low – What’s Next?

Sherritt International Co. (TSE:S) shares reached a new 52-week low on Monday . The stock traded as low as C$0.18 and last traded at C$0.18, with a volume of 79331 shares changing hands. The stock had previously closed at C$0.18.

Analysts Set New Price Targets

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 Trading Up 2.9 %

The company has a market capitalization of C$71.51 million, a P/E ratio of -0.55, a PEG ratio of 0.02 and a beta of 1.53. The business has a fifty day moving average of C$0.19 and a 200-day moving average of C$0.24. The company has a debt-to-equity ratio of 65.78, a quick ratio of 1.24 and a current ratio of 1.28.

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.