Shares of Sherritt International Co. (TSE:S) traded up 0% during trading on Friday . The company traded as high as C$1.31 and last traded at C$1.29. 643,975 shares traded hands during mid-day trading, a decline of 17% from the average session volume of 775,792 shares. The stock had previously closed at C$1.29.

A number of research firms recently weighed in on S. Scotiabank reaffirmed an “underperform” rating and set a C$0.85 price objective on shares of Sherritt International in a research report on Thursday, July 27th. National Bank Financial reaffirmed a “sector perform” rating on shares of Sherritt International in a research report on Tuesday, October 17th.

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Sherritt International Company Profile

Sherritt International Corporation is engaged in the mining and refining of nickel and cobalt from lateritic ores with projects and operations in Canada, Cuba and Madagascar. The Company’s segments include Metals, Oil and Gas, Power, and Corporate and Other. The Metals segment includes mining, processing and refining nickel and cobalt from lateritic ore bodies, through the partnership with General Nickel Company SA of Cuba (the Moa Joint Venture); an interest in the Ambatovy Joint Venture that owns a nickel operation in Madagascar.

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