Insider Buying: Sherritt International Co. (TSE:S) Senior Officer Purchases 50,000 Shares of Stock

Sherritt International Co. (TSE:S) Senior Officer Gregory Timothy Honig bought 50,000 shares of the firm’s stock in a transaction on Tuesday, August 6th. The shares were acquired at an average cost of C$0.21 per share, with a total value of C$10,700.00.

Sherritt International Stock Up 2.4 %

Shares of S traded up C$0.01 during mid-day trading on Wednesday, reaching C$0.21. The company had a trading volume of 150,666 shares, compared to its average volume of 177,094. Sherritt International Co. has a 52 week low of C$0.20 and a 52 week high of C$0.48. The company has a debt-to-equity ratio of 65.78, a quick ratio of 1.24 and a current ratio of 1.28. The company has a market capitalization of C$83.43 million, a price-to-earnings ratio of -0.64, a price-to-earnings-growth ratio of 0.02 and a beta of 1.53. The firm has a 50-day moving average price of C$0.26 and a 200 day moving average price of C$0.29.

Sherritt International (TSE:S) last released its earnings results on Wednesday, May 8th. The company reported C($0.06) EPS for the quarter, topping the consensus estimate of C($0.11) by C$0.05. Sherritt International had a negative return on equity of 20.46% and a negative net margin of 86.00%. The business had revenue of C$28.80 million for the quarter. On average, sell-side analysts forecast that Sherritt International Co. will post 0.0606509 EPS for the current year.

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.