Sherritt International Co. (TSE:S - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.16 and traded as high as C$0.16. Sherritt International shares last traded at C$0.16, with a volume of 206,800 shares.
Analysts Set New Price Targets
Several research analysts have weighed in on S shares. National Bank Financial raised shares of Sherritt International to a "hold" rating in a report on Thursday, April 10th. National Bankshares lowered 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.
Read Our Latest Report on S
Sherritt International Stock Performance
The company's 50-day moving average price is C$0.14 and its two-hundred day moving average price is C$0.16. 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 has a market cap of C$61.58 million, a PE ratio of -0.48, a PEG ratio of 0.02 and a beta of 1.53.
Insider Buying and Selling
In other news, Director Leon Binedell bought 266,000 shares of the firm's stock in a transaction on Wednesday, May 21st. The stock was acquired at an average cost of C$0.15 per share, with a total value of C$39,820.20. Insiders have acquired 445,000 shares of company stock valued at $66,275 over the last quarter. Corporate insiders own 0.24% of the company's stock.
About Sherritt International
(
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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