Sherritt International (S) to Release Earnings on Wednesday

Sherritt International (TSE:S) will be releasing its earnings data after the market closes on Wednesday, May 8th. Analysts expect Sherritt International to post earnings of C($0.10) per share for the quarter.

Sherritt International (TSE:S) last issued its earnings results on Wednesday, February 7th. The company reported C($0.07) earnings per share for the quarter, topping analysts’ consensus estimates of C($0.12) by C$0.05. The firm had revenue of C$34.80 million during the quarter. Sherritt International had a negative net margin of 28.93% and a negative return on equity of 9.83%.

Sherritt International Price Performance

Shares of TSE:S opened at C$0.33 on Tuesday. The company has a quick ratio of 1.24, a current ratio of 1.39 and a debt-to-equity ratio of 57.95. The firm has a market capitalization of C$131.11 million, a PE ratio of -2.06, a P/E/G ratio of 0.02 and a beta of 1.66. Sherritt International has a twelve month low of C$0.26 and a twelve month high of C$0.57. The company has a 50-day moving average price of C$0.31 and a two-hundred day moving average price of C$0.32.

Analysts Set New Price Targets

Separately, National Bankshares lowered their target price on shares of Sherritt International from C$0.55 to C$0.50 and set a “sector perform” rating on the stock in a research note on Friday, February 9th.

Sherritt International Company Profile

Sherritt International Corporation engages in the mining, processing, refining, and sale of nickel and cobalt in North America, Cuba, Europe, Asia, Australia, and internationally. It operates through Metals, Power, Technologies, Oil and Gas, and Corporate segments. The company also produces and sells agricultural fertilizers, such as anhydrous ammonia, granular ammonium sulfate, and crystalline ammonium sulfate; and sulfuric acid, zinc sulfides, and copper sulfides.