Sherritt International Corp (TSE:S)’s share price traded down 6.8% during mid-day trading on Friday . The stock traded as low as C$1.46 and last traded at C$1.50. 3,667,061 shares traded hands during trading, an increase of 130% from the average session volume of 1,597,002 shares. The stock had previously closed at C$1.61.
Several equities analysts have issued reports on the stock. National Bank Financial reaffirmed a “sector perform” rating on shares of Sherritt International in a report on Tuesday, October 17th. Scotiabank increased their price objective on shares of Sherritt International from C$1.30 to C$1.50 and gave the company a “sector perform” rating in a report on Thursday, October 26th.
The company has a market capitalization of $455.58, a PE ratio of -1.27 and a beta of 1.53.
COPYRIGHT VIOLATION WARNING: This news story was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this news story on another website, it was copied illegally and republished in violation of US and international trademark and copyright legislation. The original version of this news story can be accessed at https://www.dispatchtribunal.com/2018/01/14/sherritt-international-s-shares-down-6-8.html.
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.
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.