Sherritt International (TSE:S) Upgraded to Hold at National Bank Financial

National Bank Financial upgraded shares of Sherritt International (TSE:S) to a hold rating in a research note published on Thursday morning,Zacks.com reports.

Separately, National Bankshares reduced their target price on shares of Sherritt International from C$0.30 to C$0.25 and set a “sector perform” rating on the stock in a report on Friday.

Sherritt International Stock Up 7.4 %

S opened at C$0.15 on Thursday. The stock has a market capitalization of C$57.61 million, a price-to-earnings ratio of -0.45, a price-to-earnings-growth ratio of 0.02 and a beta of 1.53. Sherritt International has a 12 month low of C$0.13 and a 12 month high of C$0.35. 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 of C$0.16 and a two-hundred day moving average of C$0.17.

Sherritt International Company Profile

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.