Sherritt International (TSE:S) Sets New 52-Week High – Time to Buy?

Sherritt International Co. (TSE:S)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as C$0.35 and last traded at C$0.33, with a volume of 5450050 shares. The stock had previously closed at C$0.31.

Sherritt International Stock Performance

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 business has a 50 day moving average price of C$0.15 and a 200 day moving average price of C$0.18. The stock has a market capitalization of C$274.55 million, a PE ratio of -1.86, a PEG ratio of 0.02 and a beta of -0.73.

Sherritt International (TSE:S) last posted its quarterly earnings results on Wednesday, August 12th. The company reported C($0.04) earnings per share (EPS) for the quarter. The company had revenue of C$132.10 million during the quarter. Sherritt International had a negative return on equity of 20.46% and a negative net margin of 86.00%. As a group, equities research analysts expect that Sherritt International Co. will post 0.0576923 earnings per share for the current year.

Sherritt International Company Profile

Sherritt is a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt – metals deemed critical for the energy transition. Leveraging its technical expertise and decades of experience in critical minerals processing, Sherritt is committed to expanding domestic refining capacity and reducing reliance on foreign sources. The Corporation operates a strategically important refinery in Alberta, Canada, recognized as the only significant cobalt refinery and one of just three nickel refineries in North America.