Sherritt International (TSE:S) Hits New 12-Month Low - What's Next?

Sherritt International Co. (TSE:S - Get Free Report)'s share price reached a new 52-week low during trading on Friday . The stock traded as low as C$0.19 and last traded at C$0.20, with a volume of 156042 shares. The stock had previously closed at C$0.20.

Analyst Upgrades and Downgrades

Separately, National Bankshares reduced their price objective on 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 Trading Down 2.5 %

The stock's 50 day moving average price is C$0.20 and its 200-day moving average price is C$0.25. 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 stock has a market capitalization of C$77.47 million, a PE ratio of -0.61, a PEG ratio of 0.02 and a beta of 1.53.

Sherritt International (TSE:S - Get Free Report) last announced its quarterly earnings data on Monday, July 29th. The company reported C($0.03) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C($0.07) by C$0.04. The firm had revenue of C$51.40 million during the quarter. Sherritt International had a negative net margin of 86.00% and a negative return on equity of 20.46%. On average, sell-side analysts expect that Sherritt International Co. will post 0.0576923 earnings per share for the current fiscal year.

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.