Sherritt International (TSE:S) had its target price trimmed by TD Securities from C$0.35 to C$0.30 in a report released on Friday morning, BayStreet.CA reports. They currently have a hold rating on the stock.
Separately, National Bank Financial decreased their price objective on shares of Sherritt International from C$0.75 to C$0.40 and set a sector perform rating on the stock in a report on Friday, June 28th.
TSE:S opened at C$0.23 on Friday. Sherritt International has a one year low of C$0.17 and a one year high of C$0.93. The firm has a market capitalization of $68.24 million and a P/E ratio of -0.41. The company has a fifty day moving average of C$0.22. The company has a debt-to-equity ratio of 74.75, a quick ratio of 1.10 and a current ratio of 1.27.
Sherritt International Corporation engages in the mining, refining, and sale of nickel and cobalt from lateritic ores primarily in Europe, Japan, and China. It produces and sells agriculture fertilizers in Western Canada; and provides additional fertilizer storage and administrative facilities in Fort Saskatchewan, Alberta, and Canada.
Further Reading: What are the FAANG Stocks?
Receive News & Ratings for Sherritt International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sherritt International and related companies with MarketBeat.com's FREE daily email newsletter.