Sherritt International Co. (TSE:S) to Post Q3 2024 Earnings of $0.02 Per Share, National Bank Financial Forecasts

Posted by Teresa Graham on Aug 4th, 2024

Sherritt International Co. (TSE:S – Free Report) – Analysts at National Bank Financial upped their Q3 2024 earnings estimates for Sherritt International in a research report issued on Tuesday, July 30th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of $0.02 per share for the quarter, up from their prior estimate of ($0.06). The consensus estimate for Sherritt International’s current full-year earnings is $0.09 per share. National Bank Financial also issued estimates for Sherritt International’s Q4 2024 earnings at $0.01 EPS, FY2024 earnings at ($0.06) EPS and FY2026 earnings at $0.12 EPS.

Sherritt International (TSE:S – Get Free Report) last posted its earnings results on Wednesday, May 8th. The company reported C($0.06) EPS for the quarter, topping analysts’ consensus estimates of C($0.11) by C$0.05. Sherritt International had a negative net margin of 61.19% and a negative return on equity of 18.32%. The business had revenue of C$28.80 million for the quarter.

Sherritt International Trading Down 2.3 %

S opened at C$0.22 on Friday. The stock has a market capitalization of C$85.42 million, a PE ratio of -0.74, a P/E/G ratio of 0.02 and a beta of 1.63. The firm’s fifty day moving average price is C$0.27 and its 200 day moving average price is C$0.29. The company has a debt-to-equity ratio of 65.25, a current ratio of 1.31 and a quick ratio of 1.24. Sherritt International has a 12-month low of C$0.21 and a 12-month high of C$0.50.

Sherritt International Company Profile

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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.