July 20, 2017 – By Migdalia James
Analysts await Sherritt International Corp (TSE:S) to report earnings on July, 26 after the close. They expect $-0.03 earnings per share, up 92.31 % or $0.36 from last year’s $-0.39 per share. After $-0.28 actual earnings per share reported by Sherritt International Corp for the previous quarter, Wall Street now forecasts -89.29 % EPS growth. The stock decreased 2.35% or $0.02 on July 19, reaching $0.83. About 350,986 shares traded or 22.05% up from the average. Sherritt International Corp (TSE:S) has 0.00% since July 20, 2016 and is . It has underperformed by 16.70% the S&P500.
Sherritt International Corp (TSE:S) Ratings Coverage
Among 5 analysts covering Sherritt International Corporation (TSE:S), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Sherritt International Corporation had 30 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Sector Perform” rating on Wednesday, June 1 by RBC Capital Markets. The rating was maintained by TD Securities with “Hold” on Tuesday, January 17. BMO Capital Markets downgraded Sherritt International Corp (TSE:S) on Thursday, October 29 to “Market Perform (Speculative)” rating. RBC Capital Markets maintained the shares of S in report on Thursday, October 20 with “Sector Perform” rating. The rating was downgraded by TD Securities to “Hold” on Friday, September 18. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, July 15. The stock of Sherritt International Corp (TSE:S) has “Speculative Buy” rating given on Friday, July 31 by TD Securities. The stock of Sherritt International Corp (TSE:S) has “Sector Perform” rating given on Tuesday, January 19 by RBC Capital Markets. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, February 1 report. The rating was maintained by RBC Capital Markets with “Outperform” on Wednesday, October 7.
Sherritt International Corporation is engaged in the mining and refining of nickel and cobalt from lateritic ores with projects and activities in Canada, Cuba and Madagascar. The company has market cap of $247.43 million. The Company’s divisions include Metals, Oil and Gas, Power, and Corporate and Other. It currently has negative earnings. The Metals segment includes mining, processing and refining nickel and cobalt from lateritic ore bodies, through the partnership with General Nickel Company S.A. of Cuba ; an interest in the Ambatovy Joint Venture that owns a nickel operation in Madagascar.
More notable recent Sherritt International Corp (TSE:S) news were published by: Business.Financialpost.com which released: “Sherritt downgraded on balance sheet concerns” on October 29, 2015, also Business.Financialpost.com with their article: “Sherritt International Corp. wins solid victory in proxy fight, but activist …” published on May 06, 2014, Business.Financialpost.com published: “Sherritt International CEO confident that debt issues will be fixed without …” on May 10, 2016. More interesting news about Sherritt International Corp (TSE:S) were released by: Theglobeandmail.com and their article: “Sherritt considering full exit from Madagascar mine project to reduce debt” published on February 17, 2017 as well as Seekingalpha.com‘s news article titled: “Sherritt International – Overvalued Canadian Nickel Company, Possible Downside …” with publication date: May 12, 2016.
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