Sherritt International (TSE:S) Stock Rating Upgraded by National Bank Financial

National Bank Financial upgraded shares of Sherritt International (TSE:S) to a hold rating in a research note issued to investors on Thursday,Zacks.com reports.

Separately, National Bankshares cut their price target on Sherritt International from C$0.30 to C$0.25 and set a “sector perform” rating on the stock in a report on Friday.

Sherritt International Stock Up 7.4 %

Sherritt International stock opened at C$0.15 on Thursday. The firm has a market capitalization of C$57.61 million, a P/E ratio of -0.45, 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. Sherritt International has a twelve month low of C$0.13 and a twelve month high of C$0.35. The stock’s fifty day simple moving average is C$0.16 and its 200-day simple moving average is C$0.17.

About Sherritt International

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.