Sherritt International Co. (TSE:S - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.16 and traded as low as C$0.15. Sherritt International shares last traded at C$0.15, with a volume of 114,394 shares changing hands.
Analyst Ratings Changes
S has been the topic of several research reports. National Bankshares dropped their price objective on shares of Sherritt International from C$0.30 to C$0.25 and set a "sector perform" rating on the stock in a research note on Friday, April 11th. National Bank Financial upgraded shares of Sherritt International to a "hold" rating in a report on Thursday, April 10th.
Get Our Latest Stock Report on S
Sherritt International Stock Performance
The company has a quick ratio of 1.24, a current ratio of 1.28 and a debt-to-equity ratio of 65.78. The company's 50-day moving average is C$0.14 and its two-hundred day moving average is C$0.16. The company has a market capitalization of C$58.60 million, a P/E ratio of -0.46, a PEG ratio of 0.02 and a beta of 1.53.
Insider Activity at Sherritt International
In related news, Director Leon Binedell acquired 266,000 shares of the company's stock in a transaction that occurred on Wednesday, May 21st. The shares were bought at an average price of C$0.15 per share, with a total value of C$39,820.20. In the last ninety days, insiders purchased 445,000 shares of company stock worth $66,275. 0.24% of the stock is owned by company insiders.
About Sherritt International
(
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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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