Sherritt International (TSE:S) Issues Earnings Results

Sherritt International (TSE:S) announced its quarterly earnings results on Wednesday. The company reported C($0.04) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$132.10 million for the quarter. Sherritt International had a negative return on equity of 20.46% and a negative net margin of 86.00%.

Sherritt International Trading Down 2.0%

Shares of Sherritt International stock opened at C$0.25 on Thursday. The firm has a 50-day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.18. The company has a market cap of C$175.99 million, a P/E ratio of -4.17, a price-to-earnings-growth ratio of 0.02 and a beta of -0.73. Sherritt International has a fifty-two week low of C$0.10 and a fifty-two week high of C$0.35. The company has a debt-to-equity ratio of 65.78, a quick ratio of 1.24 and a current ratio of 1.28.

About Sherritt International

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.