Sherritt International (TSE:S) Upgraded by National Bank Financial to Hold Rating

Sherritt International (TSE:S - Get Free Report) was upgraded by analysts at National Bank Financial to a "hold" rating in a research report issued on Thursday, April 10th,Zacks.com reports.

Separately, National Bankshares lowered their price objective on shares of Sherritt International from C$0.30 to C$0.25 and set a "sector perform" rating for the company in a research report on Friday, April 11th.

Sherritt International Trading Up 3.7 %

Shares of TSE S traded up C$0.01 during trading on Thursday, hitting C$0.14. 79,930 shares of the company traded hands, compared to its average volume of 304,851. Sherritt International has a 1 year low of C$0.13 and a 1 year high of C$0.34. The firm has a market capitalization of C$55.62 million, a P/E ratio of -0.44, a P/E/G ratio of 0.02 and a beta of 1.53. 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 has a 50-day moving average price of C$0.15 and a 200-day moving average price of C$0.17.

Sherritt International Company Profile

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.