Sherritt International (S) Set to Announce Earnings on Wednesday

Sherritt International (TSE:S) will be issuing its quarterly earnings data after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of C$0.02 per share for the quarter.

Sherritt International (TSE:S) last posted its quarterly earnings results on Monday, July 29th. The company reported C($0.03) EPS for the quarter, topping the consensus estimate of C($0.07) by C$0.04. 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$51.40 million during the quarter.

Sherritt International Trading Down 2.5 %

Shares of TSE:S opened at C$0.20 on Tuesday. Sherritt International has a 52 week low of C$0.19 and a 52 week high of C$0.43. The company’s 50 day moving average is C$0.20 and its two-hundred day moving average is C$0.25. The company has a market cap of C$77.47 million, a PE ratio of -0.61, a P/E/G ratio of 0.02 and a beta of 1.53. The company has a current ratio of 1.28, a quick ratio of 1.24 and a debt-to-equity ratio of 65.78.

Analyst Upgrades and Downgrades

Separately, National Bankshares dropped their target price on Sherritt International from C$0.50 to C$0.35 and set a “sector perform” rating on the stock in a report on Tuesday, October 15th.

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.