Sherritt International (TSE:S) Posts Quarterly Earnings Results

Sherritt International (TSE:S) posted its quarterly earnings data on Friday. The company reported C($0.07) earnings per share for the quarter, FiscalAI reports. Sherritt International had a negative net margin of 86.00% and a negative return on equity of 20.46%. The company had revenue of C$39.70 million for the quarter.

Sherritt International Stock Performance

Sherritt International stock remained flat at C$0.17 during mid-day trading on Friday. The company’s stock had a trading volume of 64,379 shares, compared to its average volume of 1,567,333. Sherritt International has a twelve month low of C$0.10 and a twelve month high of C$0.50. The company has a market capitalization of C$123.19 million, a P/E ratio of -0.83, a PEG ratio of 0.02 and a beta of -0.70. The business has a 50 day simple moving average of C$0.24 and a 200 day simple moving average of C$0.21. The company has a quick ratio of 1.24, a current ratio of 1.28 and a debt-to-equity ratio of 65.78.

Sherritt International Company Profile

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.