Insider Buying: Sherritt International Co. (TSE:S) Senior Officer Acquires 50,000 Shares of Stock

Sherritt International Co. (TSE:S) Senior Officer Gregory Timothy Honig acquired 50,000 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The shares were purchased at an average cost of C$0.21 per share, for a total transaction of C$10,700.00.

Sherritt International Stock Performance

Shares of S stock remained flat at C$0.21 during trading hours on Friday. The stock had a trading volume of 53,000 shares, compared to its average volume of 176,030. 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 company has a market cap of C$83.43 million, a price-to-earnings ratio of -0.66, a price-to-earnings-growth ratio of 0.02 and a beta of 1.53. Sherritt International Co. has a 52 week low of C$0.20 and a 52 week high of C$0.48. The stock’s 50 day moving average is C$0.26 and its two-hundred day moving average is C$0.29.

Sherritt International (TSE:S) last issued its quarterly earnings data on Wednesday, May 8th. The company reported C($0.06) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C($0.11) by C$0.05. Sherritt International had a negative return on equity of 20.46% and a negative net margin of 86.00%. The company had revenue of C$28.80 million during the quarter. On average, sell-side analysts expect that Sherritt International Co. will post 0.0606509 EPS for the current fiscal year.

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.