Sherritt International (TSE:S) Price Target Increased to C$0.60 by Analysts at National Bank Financial
Sherritt International (TSE:S) had its price target boosted by National Bank Financial from C$0.40 to C$0.60 in a research note published on Thursday, BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.
Separately, TD Securities reduced their price target on Sherritt International from C$0.35 to C$0.30 and set a hold rating for the company in a research report on Friday, August 2nd.
Shares of S stock traded down C$0.01 on Thursday, hitting C$0.32. 199,851 shares of the stock were exchanged, compared to its average volume of 1,366,071. The company has a current ratio of 1.27, a quick ratio of 1.10 and a debt-to-equity ratio of 74.75. The firm has a market capitalization of $125.14 million and a P/E ratio of -0.57. The business has a 50-day moving average of C$0.27 and a 200 day moving average of C$0.29. Sherritt International has a fifty-two week low of C$0.17 and a fifty-two week high of C$0.89.
Sherritt International Company Profile
Sherritt International Corporation engages in the mining, refining, and sale of nickel and cobalt from lateritic ores primarily in Europe, Japan, and China. It produces and sells agriculture fertilizers in Western Canada; and provides additional fertilizer storage and administrative facilities in Fort Saskatchewan, Alberta, and Canada.
See Also: Fundamental Analysis
Receive News & Ratings for Sherritt International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sherritt International and related companies with MarketBeat.com's FREE daily email newsletter.