Sherritt International (TSE:S) Posts Earnings Results

Sherritt International (TSE:S) announced its quarterly earnings results on Wednesday. The company reported C($0.04) EPS for the quarter, FiscalAI reports. The company had revenue of C$132.10 million for the quarter. Sherritt International had a negative net margin of 86.00% and a negative return on equity of 20.46%.

Sherritt International Stock Performance

Shares of S stock traded up C$0.01 during trading hours on Friday, reaching C$0.30. 2,484,564 shares of the company’s stock were exchanged, compared to its average volume of 1,488,770. The business has a fifty day moving average price of C$0.14 and a 200-day moving average price of C$0.18. The stock has a market capitalization of C$211.19 million, a P/E ratio of -5.00, a P/E/G ratio of 0.02 and a beta of -0.73. The company has a quick ratio of 1.24, a current ratio of 1.28 and a debt-to-equity ratio of 65.78. Sherritt International has a fifty-two week low of C$0.10 and a fifty-two week high of C$0.35.

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.