Should I buy or sell Sherritt International stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sherritt International in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" S shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in S, but not buy additional shares or sell existing shares. View S analyst ratings or view top-rated stocks .

What is Sherritt International's stock price target for 2024?

2 Wall Street research analysts have issued 12-month price objectives for Sherritt International's stock. Their S share price targets range from C$0.55 to C$0.60. On average, they predict the company's share price to reach C$0.57 in the next twelve months. This suggests a possible upside of 85.8% from the stock's current price. View analysts price targets for S or view top-rated stocks among Wall Street analysts .

How have S shares performed in 2023?

Sherritt International's stock was trading at C$0.52 at the beginning of 2023. Since then, S stock has decreased by 41.3% and is now trading at C$0.31. View the best growth stocks for 2023 here .

When is Sherritt International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024. View our S earnings forecast .

How were Sherritt International's earnings last quarter?

Sherritt International Co. (TSE:S) issued its earnings results on Wednesday, November, 1st. The company reported ($0.05) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.05). The company had revenue of $36.40 million for the quarter. Sherritt International had a negative trailing twelve-month return on equity of 2.62% and a negative net margin of 7.68%.

Is Sherritt International a good dividend stock?

Sherritt International (TSE:S) pays an annual dividend of C$0.04 per share and currently has a dividend yield of 3.31%. Read our dividend analysis for S .

What other stocks do shareholders of Sherritt International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sherritt International investors own include Hudbay Minerals (HBM) , Cellectar Biosciences (CLRB) , Zynga (ZNGA) , Bombardier, Inc. Class B (BBD.B) , Quantum (QTM) , Baytex Energy (BTE) , Lundin Mining (LUN) , Obsidian Energy (OBE) , Bombardier (BDRBF) and Hudbay Minerals (HBM) .

How do I buy shares of Sherritt International?

Shares of S stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

Sherritt International (S) Stock Price, News & Analysis

C$0.30

-0.01 (-3.23%)

(As of 02:12 PM ET)

Compare

Today's Range: C$0.28
▼
C$0.31
50-Day Range: C$0.31
▼
C$0.43
52-Week Range: C$0.28
▼
C$0.65

Volume: 698,652 shs
Average Volume: 291,949 shs
Market Capitalization: C$119.19 million

P/E Ratio: N/A
Dividend Yield: 13.33%
Price Target: C$0.57

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines

Sherritt International MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 85.8% Upside
C$0.57 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
C$7,800 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.98 out of 5 stars

3.0

Analyst's Opinion

Consensus Rating
Sherritt International has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$0.57, Sherritt International has a forecasted upside of 85.8% from its current price of C$0.31.
Amount of Analyst Coverage
Sherritt International has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for S.

0.8

Dividend Strength

Dividend Yield
Sherritt International pays a meaningful dividend of 3.31%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Sherritt International does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for S.

0.6

News and Social Media Coverage

Search Interest
31 people have searched for S on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sherritt International insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$7,800.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
Only 0.44% of the stock of Sherritt International is held by insiders.
Percentage Held by Institutions
Only 11.38% of the stock of Sherritt International is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Sherritt International is -6.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sherritt International is -6.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Sherritt International has a PEG Ratio of 0.02. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Sherritt International has a P/B Ratio of 0.18. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Sherritt International Stock (TSE:S)

Sherritt International Corporation engages in the mining, refining, and sale of nickel and cobalt from lateritic sources primarily in Canada and Cuba. It operates through Moa Joint Venture and Fort Site, Metals Other, Oil and Gas, Power, and Technologies segments. The company produces and sells agriculture fertilizers in Western Canada; and provides additional fertilizer storage and administrative facilities in Fort Saskatchewan, Alberta, and Canada. It also explores for and produces oil and gas primarily from offshore reservoirs located in the north coast of Cuba. In addition, the company generates and sells electricity from natural gas and steam from the waste heat with a generating capacity of 506 megawatts; and offers technical support, process optimization, and technology development services, as well as operates combined cycle plants at Varadero and Boca de Jaruco. Sherritt International Corporation was incorporated in 1927 and is headquartered in Toronto, Canada.

S Stock Price History

30 days | 90 days | 365 days | Advanced Chart

S Stock News Headlines

November 4, 2023 | markets.businessinsider.com

TD Securities Downgrades Sherritt International (S) to Hold

November 2, 2023 | msn.com

Sherritt International reports Q3 results

December 11, 2023 | Edge On The Street (Ad)

Is This The Most Overlooked Gold Investment Strategy of 2024?

There is little debate on the potential of gold in the next year and decade. The real issue becomes - what's the best gold investment strategy today? Some investors are opting for a unique "royalty" alternative that outshines other options like holding gold bullion or investing in volatile mining stocks.

November 1, 2023 | finance.yahoo.com

Sherritt Reports Third Quarter 2023 Results

November 1, 2023 | uk.finance.yahoo.com

Global Nickel Market Surpasses $33.5 Billion in 2022, Predicting a Strong 5.4% CAGR for 2023-2028, Reaching $46.2 Billion

October 11, 2023 | juniorminingnetwork.com

Sherritt International Provides Notice of Third Quarter 2023 Results Conference Call and Webcast

October 11, 2023 | finance.yahoo.com

Sherritt Provides Notice of Third Quarter 2023 Results Conference Call and Webcast

September 7, 2023 | theglobeandmail.com

Closing Bell: Sherritt Intl Rv down on Thursday (S)

December 11, 2023 | Edge On The Street (Ad)

U.S. Military Defense Fails Without Vanadium?

The metal vanadium is needed for numerous military applications, including jet engines, airframes, and ballistic missiles. And although the U.S. Govt. considers vanadium critical to national security, less than 5% of the metal is mined in America. This means we're at the mercy of China and Russia for our supply.

September 1, 2023 | theglobeandmail.com

At mining company Sherritt, any executive pay may be too much

July 26, 2023 | markets.businessinsider.com

Sherritt International is about to announce its earnings — here's what to expect

July 26, 2023 | juniorminingnetwork.com

Sherritt International Reports Q2 Results and Strong Liquidity from Cobalt Swap

July 26, 2023 | finance.yahoo.com

Sherritt Reports Q2 Results and Strong Liquidity from Cobalt Swap

June 29, 2023 | finance.yahoo.com

Here's Why Sherritt International (TSE:S) Has Caught The Eye Of Investors

June 27, 2023 | finance.yahoo.com

Sherritt Receives Final 2023 Cobalt Dividend and $64 Million Cash Top-up Dividend Under its Cobalt Swap Agreement

June 22, 2023 | finance.yahoo.com

Sherritt Releases its 2022 Sustainability Reports

May 13, 2023 | marketwatch.com

2023 Cobalt Market Share Forecast, Price & News 2030

May 10, 2023 | baystreet.ca

Five Top Ways to Profit from Massive Demand for Nickel

April 24, 2023 | theglobeandmail.com

Canada’s Sherritt International reports death of worker at mine in Cuba

April 24, 2023 | reuters.com

Canada's Sherritt reports death of worker in Cuba mine

April 24, 2023 | finance.yahoo.com

Sherritt Reports Fatality at its Moa Joint Venture Mine

April 20, 2023 | marketwatch.com

Nickel Ore Market Analysis of Industry Trends and Opportunities

April 18, 2023 | finance.yahoo.com

Sherritt Provides Notice of First Quarter 2023 Results Conference Call and Webcast

April 18, 2023 | marketwatch.com

Cobalt and Copper Products Market Sales By 2031

April 12, 2023 | marketwatch.com

2023-2030 Cobalt Wire Market Size (Share and Outlook) with Manufacturing Cost Structure Analysis

April 8, 2023 | marketwatch.com

Nickel Metal Market Complete Overview till 2030

April 7, 2023 | marketwatch.com

Complete Overview of Nickel Ore Market 2023-2030

See More Headlines

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Company Calendar

Last Earnings: 11/01/2023
Today: 12/11/2023
Next Earnings (Estimated): 2/14/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Other Industrial Metals & Mining
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:S
CUSIP: N/A
CIK: N/A
Web: www.sherritt.com
Phone: +1-416-9244551
Fax: N/A
Employees: 850
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$0.57
High Stock Price Target: C$0.60
Low Stock Price Target: C$0.55
Potential Upside/Downside: +85.8%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.05)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 3.88
P/E Growth: 0.02
Net Income: C$-18,200,000.00
Net Margins: -7.68%
Pretax Margin: N/A
Return on Equity: -2.62%
Return on Assets: -2.60%

Debt

Debt-to-Equity Ratio: 48.16
Current Ratio: 1.54
Quick Ratio: 1.24

Sales & Book Value

Annual Sales: C$237.10 million
Price / Sales: 0.51
Cash Flow: C$0.20 per share
Price / Cash Flow: 1.50
Book Value: C$1.72 per share
Price / Book: 0.18

Miscellaneous

Outstanding Shares: 397,290,000
Free Float: N/A
Market Cap: C$121.17 million
Optionable: Not Optionable
Beta: 1.51

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Key Executives

Mr. Leon Binedell B.Com. (Age 49)
C.A., CPA, President, CEO & Director
Comp: $1.61M
Ms. Yasmin Gabriel
Chief Financial Officer
Mr. Edward Arnold Sellers
Senior VP, General Counsel & Corporate Secretary
Mr. Elvin Saruk
Head of Growth Projects and Senior VP of Oil, Gas & Power
Mr. Gregory Honig (Age 40)
Chief Commercial Officer
Comp: $685.18k
Mr. John Marsh
Director of Technologies Projects
Lucy Chitilian
Director of Investor Relations & Corporate Affairs
Mr. Robert Ellenwood Ph.D.
Director of Marketing
Mr. Chad Ross
Chief Human Resources Officer
Mr. Dan Rusnell
Senior Vice President of Metals

Key Competitors

View All Competitors

Insiders

Leon Binedell
Bought 20,000 shares on 11/14/2023
Total: C$7,800.00 ($0.39/share)

S Stock Analysis - Frequently Asked Questions

Should I buy or sell Sherritt International stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sherritt International in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" S shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in S, but not buy additional shares or sell existing shares.
View S analyst ratings or view top-rated stocks.
What is Sherritt International's stock price target for 2024?: 2 Wall Street research analysts have issued 12-month price objectives for Sherritt International's stock. Their S share price targets range from C$0.55 to C$0.60. On average, they predict the company's share price to reach C$0.57 in the next twelve months. This suggests a possible upside of 85.8% from the stock's current price.
View analysts price targets for S or view top-rated stocks among Wall Street analysts.
How have S shares performed in 2023?: Sherritt International's stock was trading at C$0.52 at the beginning of 2023. Since then, S stock has decreased by 41.3% and is now trading at C$0.31.
View the best growth stocks for 2023 here.
When is Sherritt International's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024.
View our S earnings forecast.

How were Sherritt International's earnings last quarter?: Sherritt International Co. (TSE:S) issued its earnings results on Wednesday, November, 1st. The company reported ($0.05) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.05). The company had revenue of $36.40 million for the quarter. Sherritt International had a negative trailing twelve-month return on equity of 2.62% and a negative net margin of 7.68%.
Is Sherritt International a good dividend stock?: Sherritt International (TSE:S) pays an annual dividend of C$0.04 per share and currently has a dividend yield of 3.31%.
Read our dividend analysis for S.
What other stocks do shareholders of Sherritt International own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Sherritt International investors own include Hudbay Minerals (HBM), Cellectar Biosciences (CLRB), Zynga (ZNGA), Bombardier, Inc. Class B (BBD.B), Quantum (QTM), Baytex Energy (BTE), Lundin Mining (LUN), Obsidian Energy (OBE), Bombardier (BDRBF) and Hudbay Minerals (HBM).
How do I buy shares of Sherritt International?: Shares of S stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:S) was last updated on 12/11/2023 by MarketBeat.com Staff

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Sherritt International (S) Stock Price, News & Analysis

Sherritt International MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Search Interest

Company Ownership

Earnings and Valuation

About Sherritt International Stock (TSE:S)

S Stock Price History

S Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

S Stock Analysis - Frequently Asked Questions

Overall MarketRank^™