National Bank Financial Predicts TSE:S FY2026 Earnings

Sherritt International Co. (TSE:S) – Equities researchers at National Bank Financial cut their FY2026 earnings per share (EPS) estimates for shares of Sherritt International in a research note issued to investors on Tuesday, July 8th. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings of $0.03 per share for the year, down from their previous forecast of $0.07. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for Sherritt International’s current full-year earnings is $0.06 per share.

Separately, National Bankshares lowered their target price on Sherritt International from C$0.30 to C$0.25 and set a “sector perform” rating for the company in a report on Friday, April 11th.

Sherritt International Price Performance

Sherritt International stock opened at C$0.15 on Thursday. The company has a debt-to-equity ratio of 65.78, a quick ratio of 1.24 and a current ratio of 1.28. The company’s 50 day simple moving average is C$0.15 and its 200-day simple moving average is C$0.16. Sherritt International has a 1 year low of C$0.13 and a 1 year high of C$0.27. The company has a market capitalization of C$59.59 million, a price-to-earnings ratio of -0.47, a price-to-earnings-growth ratio of 0.02 and a beta of 1.53.

Insider Activity at Sherritt International

In other news, Director Leon Binedell bought 266,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 21st. The stock was purchased at an average cost of C$0.15 per share, with a total value of C$39,820.20. In the last quarter, insiders bought 445,000 shares of company stock valued at $66,275. Corporate insiders own 0.24% of the company’s stock.

About Sherritt International

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.