Sherritt International (TSE:S) Releases Earnings Results

Sherritt International (TSE:S) issued its earnings results on Friday. The company reported C($0.07) EPS for the quarter, FiscalAI reports. Sherritt International had a negative net margin of 86.00% and a negative return on equity of 20.46%. The firm had revenue of C$39.70 million during the quarter.

Sherritt International Price Performance

S remained flat at C$0.17 during trading on Friday. 64,379 shares of the company’s stock were exchanged, compared to its average volume of 1,567,333. Sherritt International has a 12 month low of C$0.10 and a 12 month high of C$0.50. 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 stock has a market capitalization of C$123.19 million, a PE ratio of -0.83, a P/E/G ratio of 0.02 and a beta of -0.70. The stock has a 50-day moving average of C$0.24 and a two-hundred day moving average of C$0.21.

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.