Sherritt International (S) to Release Earnings on Wednesday

Sherritt International (TSE:S) is scheduled to post its quarterly earnings results 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 posted its quarterly earnings data on Wednesday, February 7th. The company reported C($0.07) earnings per share for the quarter, topping the consensus estimate of C($0.12) by C$0.05. Sherritt International had a negative return on equity of 9.83% and a negative net margin of 28.93%. The firm had revenue of C$34.80 million during the quarter.

Sherritt International Stock Performance

S stock opened at C$0.32 on Wednesday. The stock has a 50-day moving average price of C$0.30 and a 200-day moving average price of C$0.32. Sherritt International has a 1-year low of C$0.26 and a 1-year high of C$0.57. The company has a current ratio of 1.39, a quick ratio of 1.24 and a debt-to-equity ratio of 57.95. The firm has a market cap of C$127.13 million, a PE ratio of -2.00, a price-to-earnings-growth ratio of 0.02 and a beta of 1.66.

Wall Street Analysts Forecast Growth

Separately, National Bankshares reduced their target price on Sherritt International from C$0.55 to C$0.50 and set a “sector perform” rating for the company 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.