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 year. 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 brokerages have issued 1 year target prices for Sherritt International's stock. Their S share price targets range from C$0.50 to C$0.55. On average, they expect the company's share price to reach C$0.53 in the next twelve months. This suggests a possible upside of 61.5% 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 2024?

Sherritt International's stock was trading at C$0.30 at the beginning of the year. Since then, S shares have increased by 10.2% and is now trading at C$0.33. View the best growth stocks for 2024 here .

When is Sherritt International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our S earnings forecast .

How were Sherritt International's earnings last quarter?

Sherritt International Co. (TSE:S) posted its quarterly earnings results on Wednesday, February, 7th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.05. The firm earned $34.80 million during the quarter. Sherritt International had a negative trailing twelve-month return on equity of 9.83% and a negative net margin of 28.93%.

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 .

TSE:S

Sherritt International (S) Stock Price, News & Analysis

→ New crypto project uncovers 2,050% in 65 days (From InvestorPlace) (Ad)

Free S Stock Alerts

C$0.32

+0.01 (+3.17%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$0.32
▼
C$0.33
50-Day Range: C$0.27
▼
C$0.36
52-Week Range: C$0.26
▼
C$0.61

Volume: 40,145 shs
Average Volume: 182,639 shs
Market Capitalization: C$129.12 million

P/E Ratio: N/A
Dividend Yield: 12.31%
Price Target: C$0.53

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines

Get Sherritt International alerts:

Sherritt International MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 61.5% Upside
C$0.53 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.93 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.
Amount of Analyst Coverage
Sherritt International has only been the subject of 1 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.

2.6

News and Social Media Coverage

News Sentiment
Sherritt International has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Sherritt International this week, compared to 0 articles on an average week.
Search Interest
Only 57 people have searched for S on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sherritt International insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.34% of the stock of Sherritt International is held by insiders.
Percentage Held by Institutions
Only 11.49% 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 -2.03, 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 -2.03, 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 0.21. 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

Ad DTI

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

Click here for the full story

About Sherritt International Stock (TSE:S)

Sherritt International Corporation engages in the mining, processing, refining, and sale of nickel and cobalt in North America, Cuba, Europe, Asia, Australia, and internationally. It operates through Metals, Power, Technologies, Oil and Gas, and Corporate segments. The company also produces and sells agricultural fertilizers, such as anhydrous ammonia, granular ammonium sulfate, and crystalline ammonium sulfate; and sulfuric acid, zinc sulfides, and copper sulfides. In addition, it constructs and operates power generation facilities that provide electricity in Cuba. Further, the company offers technical support, process optimization, and technology development services; and ancillary drilling services. Its products are used in stainless steel, specialty steel, chemical, and welding applications. Sherritt International Corporation was incorporated in 1927 and is based in Toronto, Canada.

S Stock Price History

30 days | 90 days | 365 days | Advanced Chart

S Stock News Headlines

April 11, 2024 | finance.yahoo.com

SC2 Inc. Announces Amendments to Offer to Purchase Common Shares of Sherritt International Corporation

April 10, 2024 | americanbankingnews.com

Sherritt International (TSE:S) Shares Pass Above 200 Day Moving Average of $0.33

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 8, 2024 | juniorminingnetwork.com

SC2 Announces Offer to Purchase Common Shares of Sherritt International Corporation

April 8, 2024 | finance.yahoo.com

SC2 Inc. Announces Offer to Purchase Common Shares of Sherritt International Corporation

April 8, 2024 | juniorminingnetwork.com

Sherritt International Provides Notice of First Quarter 2024 Results Conference Call

March 21, 2024 | juniorminingnetwork.com

Sherritt International Announces Changes to Board of Directors

February 16, 2024 | barrons.com

Sherritt International Corp.

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

February 7, 2024 | markets.businessinsider.com

Here's what Wall Street expects from Sherritt International's earnings report

February 6, 2024 | theglobeandmail.com

Kiantra Loza Named Director of Admissions and Outreach, International Students and Campus Central at College of DuPage

January 16, 2024 | msn.com

Sherritt International to lay off 10% of its Canadian workforce

January 15, 2024 | msn.com

Saskatchewan Roughriders reveal their 2024 coaching staff

December 28, 2023 | msn.com

West Coast State Highway 69 fatal crash brings holiday road toll to 10

December 14, 2023 | msn.com

California embraces emergency rules to protect countertop workers from incurable silicosis

November 4, 2023 | markets.businessinsider.com

TD Securities Downgrades Sherritt International (S) to Hold

November 2, 2023 | msn.com

Sherritt International reports Q3 results

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)

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

See More Headlines

Receive S Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Sherritt International and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 2/07/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/08/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Sub-Industry: N/A
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$0.53
High Stock Price Target: C$0.55
Low Stock Price Target: C$0.50
Potential Upside/Downside: +61.5%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.16)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 3.43
P/E Growth: 0.02
Net Income: C$-64,300,000.00
Net Margins: -28.93%
Pretax Margin: N/A
Return on Equity: -9.83%
Return on Assets: -2.78%

Debt

Debt-to-Equity Ratio: 57.95
Current Ratio: 1.39
Quick Ratio: 1.24

Sales & Book Value

Annual Sales: C$223.30 million
Price / Sales: 0.58
Cash Flow: C$0.22 per share
Price / Cash Flow: 1.50
Book Value: C$1.54 per share
Price / Book: 0.21

Miscellaneous

Outstanding Shares: 397,290,000
Free Float: N/A
Market Cap: C$129.12 million
Optionable: Not Optionable
Beta: 1.66

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report

Key Executives

Mr. Leon Binedell B.Com. (Age 50)
C.A., C.P.A., President, CEO & Director
Comp: $1.61M
Ms. Yasmin Gabriel
Chief Financial Officer
Mr. Elvin Saruk
Chief Operating Officer
Mr. Edward Arnold Sellers
Senior VP, General Counsel & Corporate Secretary
Mr. Gregory Honig (Age 41)
Chief Commercial Officer
Comp: $685.18k
Mr. John Marsh
Director of Technologies Projects
Mr. Thomas Matthew Halton
Director of Investor Relations & Corporate Affairs
Mr. Robert Ellenwood Ph.D.
Director of Marketing
Mr. Chad Ross
Chief Human Resources Officer
Mark Preston
Investor Relations Analyst

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 year. 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 brokerages have issued 1 year target prices for Sherritt International's stock. Their S share price targets range from C$0.50 to C$0.55. On average, they expect the company's share price to reach C$0.53 in the next twelve months. This suggests a possible upside of 61.5% 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 2024?: Sherritt International's stock was trading at C$0.30 at the beginning of the year. Since then, S shares have increased by 10.2% and is now trading at C$0.33.
View the best growth stocks for 2024 here.
When is Sherritt International's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our S earnings forecast.

How were Sherritt International's earnings last quarter?: Sherritt International Co. (TSE:S) posted its quarterly earnings results on Wednesday, February, 7th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.05. The firm earned $34.80 million during the quarter. Sherritt International had a negative trailing twelve-month return on equity of 9.83% and a negative net margin of 28.93%.
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 4/19/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

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

News Sentiment

News Coverage This Week

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^™