TSE:S FY2025 EPS Estimate Reduced by National Bank Financial

Sherritt International Co. (TSE:S - Free Report) - National Bank Financial cut their FY2025 earnings per share (EPS) estimates for shares of Sherritt International in a report issued on Tuesday, July 8th. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings of ($0.23) per share for the year, down from their prior estimate of ($0.22). National Bank Financial currently has a "Hold" rating on the stock. The consensus estimate for Sherritt International's current full-year earnings is $0.06 per share.

Separately, National Bankshares cut their price target on 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.

Sherritt International Price Performance

Shares of Sherritt International stock remained flat at C$0.15 on Friday. The company had a trading volume of 143,266 shares, compared to its average volume of 252,815. Sherritt International has a 52 week low of C$0.13 and a 52 week high of C$0.27. The company has a debt-to-equity ratio of 65.78, a current ratio of 1.28 and a quick ratio of 1.24. The firm's 50 day moving average price is C$0.15 and its two-hundred day moving average price is C$0.16. The company has a market cap of C$59.59 million, a P/E ratio of -0.47, a price-to-earnings-growth ratio of 0.02 and a beta of 1.53.

Insider Transactions at Sherritt International

In other news, Director Leon Binedell purchased 266,000 shares of the stock in a transaction on Wednesday, May 21st. The shares were acquired at an average price of C$0.15 per share, for a total transaction of C$39,820.20. Insiders acquired a total of 445,000 shares of company stock worth $66,275 over the last three months. 0.24% of the stock is currently owned by company insiders.

About Sherritt International

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.