Sherritt International (TSE:S) Hits New 1-Year Low – Here’s What Happened

Shares of Sherritt International Co. (TSE:S) hit a new 52-week low on Monday . The stock traded as low as C$0.18 and last traded at C$0.19, with a volume of 250220 shares trading hands. The stock had previously closed at C$0.19.

Wall Street Analyst Weigh In

Separately, National Bankshares cut their target price on shares of Sherritt International from C$0.50 to C$0.35 and set a “sector perform” rating on the stock in a report on Tuesday, October 15th.

Sherritt International Trading Up 2.8 %

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$0.19 and its 200 day moving average price is C$0.24. The stock has a market capitalization of C$73.50 million, a P/E ratio of -0.58, a P/E/G ratio of 0.02 and a beta of 1.53.

About Sherritt International

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.