Sherritt International (TSE:S) Reaches New 52-Week Low – Should You Sell?

Sherritt International Co. (TSE:S)’s share price hit a new 52-week low on Monday . The company traded as low as C$0.17 and last traded at C$0.17, with a volume of 116843 shares trading hands. The stock had previously closed at C$0.17.

Wall Street Analysts Forecast Growth

Separately, National Bankshares decreased their target price on shares of Sherritt International from C$0.50 to C$0.35 and set a “sector perform” rating on the stock in a research note on Tuesday, October 15th.

Sherritt International Stock Performance

The firm has a market capitalization of C$69.53 million, a PE ratio of -0.53, a PEG ratio of 0.02 and a beta of 1.53. The company’s 50-day moving average price is C$0.19 and its 200-day moving average price is C$0.23. 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 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.