Sherritt International (TSE:S) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Sherritt International Co. (TSE:S)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.14 and traded as high as C$0.15. Sherritt International shares last traded at C$0.15, with a volume of 110,373 shares traded.

Sherritt International Trading Up 3.4%

The business has a 50-day moving average of C$0.13 and a 200 day moving average of C$0.14. The stock has a market cap of C$74.44 million, a PE ratio of -0.94, a PEG ratio of 0.02 and a beta of 0.46. The company has a debt-to-equity ratio of 65.78, a quick ratio of 1.24 and a current ratio of 1.28.

Sherritt International (TSE:S) last released its earnings results on Wednesday, November 5th. The company reported C($0.03) earnings per share (EPS) for the quarter. The firm had revenue of C$39.70 million during the quarter. Sherritt International had a negative net margin of 86.00% and a negative return on equity of 20.46%. Equities research analysts predict that Sherritt International Co. will post 0.0576923 EPS for the current fiscal year.

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.