Sherritt International (TSE:S) Sets New 1-Year Low - What's Next?

Sherritt International Co. (TSE:S - Get Free Report)'s share price hit a new 52-week low on Friday . The stock traded as low as C$0.16 and last traded at C$0.16, with a volume of 151617 shares traded. The stock had previously closed at C$0.16.

Wall Street Analyst Weigh In

Separately, National Bankshares reduced their target price on 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 Stock Performance

The firm's 50 day simple moving average is C$0.17 and its 200 day simple moving average is C$0.20. The firm has a market capitalization of C$61.58 million, a price-to-earnings ratio of -0.48, a PEG ratio of 0.02 and a beta of 1.53. The company has a debt-to-equity ratio of 65.78, a quick ratio of 1.24 and a current ratio of 1.28.

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.