Sherritt International (TSE:S) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Sherritt International Co. (TSE:SGet Free Report)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.14 and traded as low as C$0.13. Sherritt International shares last traded at C$0.14, with a volume of 387,069 shares.

Sherritt International Price Performance

The company has a market cap of C$67.00 million, a price-to-earnings ratio of -1.13, a P/E/G ratio of 0.02 and a beta of 0.65. 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 company’s 50 day moving average price is C$0.13 and its 200 day moving average price is C$0.14.

About Sherritt International

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Sherritt International Corp is engaged in the mining and refining of nickel from lateritic ores with projects and operations in Canada, Cuba, and North America. Its segment includes Moa JV and Fort site, Metals Other, Power, and Technologies and Corporate. The Moa JV and Fort site segment includes the mining, processing, and refining of nickel and cobalt.

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