Sherritt International Co. (TSE:S) Director Purchases C$11,455.00 in Stock

Sherritt International Co. (TSE:S) Director Leon Binedell acquired 79,000 shares of Sherritt International stock in a transaction that occurred on Tuesday, May 20th. The shares were bought at an average price of C$0.15 per share, with a total value of C$11,455.00.

Leon Binedell also recently made the following trade(s):

• On Wednesday, May 21st, Leon Binedell purchased 266,000 shares of Sherritt International stock. The shares were purchased at an average price of C$0.15 per share, with a total value of C$39,820.20.

Sherritt International Price Performance

Shares of TSE:S opened at C$0.15 on Friday. The firm’s 50 day moving average is C$0.14 and its two-hundred day moving average is C$0.16. 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 firm has a market capitalization of C$59.59 million, a P/E ratio of -0.47, a PEG ratio of 0.02 and a beta of 1.53. Sherritt International Co. has a 52 week low of C$0.13 and a 52 week high of C$0.34.

Wall Street Analyst Weigh In

Several research firms have recently commented on S. National Bankshares lowered their price target on shares of Sherritt International from C$0.30 to C$0.25 and set a “sector perform” rating for the company in a research report on Friday, April 11th. National Bank Financial upgraded shares of Sherritt International to a “hold” rating in a research note on Thursday, April 10th.

Sherritt International Company Profile

Sherritt International Corp is engaged in the mining and refining of nickel from lateritic ores with projects and operations in Canada, Cuba, and North America. Its segment includes Moa JV and Fort site, Metals Other, Power, and Technologies and Corporate. The Moa JV and Fort site segment includes the mining, processing, and refining of nickel and cobalt.