Sherritt International (TSE:S) Trading Down 5.9% - What's Next?

Sherritt International Co. (TSE:S - Get Free Report) traded down 5.9% on Tuesday . The stock traded as low as C$0.16 and last traded at C$0.16. 201,854 shares were traded during mid-day trading, a decline of 41% from the average session volume of 339,909 shares. The stock had previously closed at C$0.17.

Analyst Ratings Changes

Separately, National Bankshares reduced their price objective on shares of Sherritt International from C$0.50 to C$0.35 and set a "sector perform" rating for the company in a report on Tuesday, October 15th.

Sherritt International Stock Down 4.4 %

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 has a market capitalization of C$64.56 million, a price-to-earnings ratio of -0.50, a price-to-earnings-growth ratio of 0.02 and a beta of 1.53. The business has a 50 day moving average of C$0.18 and a 200 day moving average of C$0.22.

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.