Sherritt International (TSE:S) Reaches New 1-Year Low – Should You Sell?

Shares of Sherritt International Co. (TSE:S) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.17 and last traded at C$0.17, with a volume of 193033 shares traded. The stock had previously closed at C$0.17.

Analyst Upgrades and Downgrades

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 research report on Tuesday, October 15th.

Sherritt International Stock Performance

The company’s fifty day simple moving average is C$0.19 and its 200 day simple moving average is C$0.23. 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 capitalization of C$67.54 million, a P/E ratio of -0.55, a P/E/G 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.