Sherritt International (TSE:S) Reaches New 52-Week Low – Should You Sell?

Sherritt International Co. (TSE:S)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as C$0.17 and last traded at C$0.17, with a volume of 116843 shares trading hands. The stock had previously closed at C$0.17.

Wall Street Analysts Forecast Growth

Separately, National Bankshares reduced their target price 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 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’s 50 day moving average price is C$0.19 and its 200-day moving average price is C$0.23. The firm has a market capitalization of C$69.53 million, a price-to-earnings ratio of -0.53, a price-to-earnings-growth ratio of 0.02 and a beta of 1.53.

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.