Sherritt International (TSE:S) Given a C$0.30 Price Target by National Bank Financial Analysts

National Bank Financial set a C$0.30 price objective on Sherritt International (TSE:S) in a research report released on Wednesday morning,BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

Sherritt International Trading Up 3.4%

Shares of Sherritt International stock opened at C$0.30 on Wednesday. The company has a quick ratio of 1.24, a current ratio of 1.28 and a debt-to-equity ratio of 65.78. The firm has a market cap of C$148.89 million, a price-to-earnings ratio of -2.14, a price-to-earnings-growth ratio of 0.02 and a beta of -0.51. The business has a fifty day simple moving average of C$0.21 and a 200-day simple moving average of C$0.18. Sherritt International has a fifty-two week low of C$0.12 and a fifty-two week high of C$0.31.

Sherritt International (TSE:S) last announced its quarterly earnings data on Tuesday, February 10th. The company reported C($0.03) earnings per share 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$163.20 million during the quarter. On average, equities analysts forecast that Sherritt International will post 0.0576923 EPS for the current fiscal year.

About Sherritt International

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.