Sherritt International (TSE:S) Hits New 1-Year Low – Here’s Why

Sherritt International Co. (TSE:S) shares hit a new 52-week low on Friday . The stock traded as low as C$0.14 and last traded at C$0.14, with a volume of 313229 shares changing hands. The stock had previously closed at C$0.15.

Sherritt International Stock Performance

The business’s fifty day moving average price is C$0.17 and its 200-day moving average price is C$0.18. The company has a debt-to-equity ratio of 65.78, a current ratio of 1.28 and a quick ratio of 1.24. The stock has a market capitalization of C$55.62 million, a PE ratio of -0.44, a P/E/G ratio of 0.02 and a beta of 1.53.

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.