National Bank Financial Predicts TSE:S Q3 Earnings

Sherritt International Co. (TSE:S) – Research analysts at National Bank Financial decreased their Q3 2024 EPS estimates for Sherritt International in a research report issued on Monday, October 14th. National Bank Financial analyst S. Nagle now expects that the company will earn ($0.03) per share for the quarter, down from their previous estimate of $0.02. The consensus estimate for Sherritt International’s current full-year earnings is $0.06 per share. National Bank Financial also issued estimates for Sherritt International’s FY2024 earnings at ($0.13) EPS and FY2025 earnings at ($0.01) EPS.

Separately, National Bankshares lowered their price objective on shares of Sherritt International from C$0.50 to C$0.35 and set a “sector perform” rating for the company in a research report on Tuesday.

Sherritt International Trading Up 2.6 %

S opened at C$0.20 on Thursday. The firm’s fifty day moving average is C$0.20 and its two-hundred day moving average is C$0.26. The company has a debt-to-equity ratio of 65.78, a quick ratio of 1.24 and a current ratio of 1.28. The firm has a market cap of C$77.47 million, a PE ratio of -0.61, a price-to-earnings-growth ratio of 0.02 and a beta of 1.53. Sherritt International has a twelve month low of C$0.19 and a twelve month high of C$0.44.

Sherritt International (TSE:S) last announced its earnings results on Monday, July 29th. The company reported C($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C($0.07) by C$0.04. Sherritt International had a negative net margin of 86.00% and a negative return on equity of 20.46%. The company had revenue of C$51.40 million for the quarter.

Sherritt International Company Profile

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.