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Sherritt International (TSE:S) Trading Down 5.3% - Here's What Happened

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Sherritt International Co. (TSE:S - Get Free Report) shares dropped 5.3% during trading on Monday . The stock traded as low as C$0.18 and last traded at C$0.18. Approximately 100,922 shares were traded during trading, a decline of 75% from the average daily volume of 396,762 shares. The stock had previously closed at C$0.19.

Sherritt International Price Performance

The company has a current ratio of 1.28, a quick ratio of 1.24 and a debt-to-equity ratio of 65.78. The stock has a market cap of C$73.50 million, a price-to-earnings ratio of -0.58, a PEG ratio of 0.02 and a beta of 1.53. The stock has a 50-day moving average price of C$0.18 and a two-hundred day moving average price of C$0.19.

Sherritt International Company Profile

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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.

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