Sherritt International (TSE:S) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of Sherritt International Co. (TSE:S) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.15 and traded as high as C$0.28. Sherritt International shares last traded at C$0.28, with a volume of 414,046 shares changing hands.

Sherritt International Stock Performance

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 has a market cap of C$136.48 million, a P/E ratio of -1.72, a P/E/G ratio of 0.02 and a beta of 0.59. The stock’s fifty day moving average price is C$0.17 and its two-hundred day moving average price is C$0.15.

Sherritt International (TSE:S) last announced its quarterly earnings data on Wednesday, November 5th. The company reported C($0.03) EPS for the quarter. 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 for the quarter. As a group, equities analysts predict that Sherritt International Co. will post 0.0576923 earnings per share for the current year.

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. Metals Other segment is comprised of buying, marketing and selling certain of Moa Joint Venture’s nickel and cobalt production. Its Power segment constructs and operates an electricity generating plant whereas The Technologies and Corporate segment consist of the metallurgical technology business and general corporate activities.