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

Sherritt International logo with Basic Materials background

Sherritt International Co. (TSE:S - Get Free Report) shares reached a new 52-week low on Monday . The company traded as low as C$0.13 and last traded at C$0.14, with a volume of 256683 shares traded. The stock had previously closed at C$0.14.

Wall Street Analysts Forecast Growth

S has been the topic of a number of research analyst reports. National Bankshares cut their price target on shares of Sherritt International from C$0.30 to C$0.25 and set a "sector perform" rating on the stock in a report on Friday, April 11th. National Bank Financial raised shares of Sherritt International to a "hold" rating in a report on Thursday, April 10th.

Check Out Our Latest Stock Report on S

Sherritt International Stock Performance

The firm has a 50 day moving average price of C$0.15 and a 200 day moving average price of C$0.17. The stock has a market cap of C$53.63 million, a PE ratio of -0.42, a price-to-earnings-growth ratio of 0.02 and a beta of 1.53. The company has a quick ratio of 1.24, a current ratio of 1.28 and a debt-to-equity ratio of 65.78.

Sherritt International Company Profile

(Get Free Report)

Sherritt International Corp is engaged in the mining and refining of nickel from lateritic ores with projects and operations in Canada, Cuba, and North America. Its segment includes Moa JV and Fort site, Metals Other, Power, and Technologies and Corporate. The Moa JV and Fort site segment includes the mining, processing, and refining of nickel and cobalt.

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