Sherritt International (TSE:S) Sets New 52-Week Low – Here’s Why

Shares of Sherritt International Co. (TSE:S) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.14 and last traded at C$0.15, with a volume of 471403 shares changing hands. The stock had previously closed at C$0.15.

Sherritt International Stock Performance

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 company has a market cap of C$59.59 million, a price-to-earnings ratio of -0.47, a PEG ratio of 0.02 and a beta of 1.53. The business’s fifty day simple moving average is C$0.18 and its two-hundred day simple moving average is C$0.18.

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.