Sherritt International Co. (OTCMKTS:SHERF – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $0.15 and traded as low as $0.1474. Sherritt International shares last traded at $0.1474, with a volume of 1,500 shares trading hands.
Sherritt International Stock Down 7.3%
The company’s fifty day moving average is $0.20 and its 200-day moving average is $0.15.
About Sherritt International
Sherritt International Corporation is a Canadian mining and refining company focused on the production of nickel and cobalt, metals used in stainless steel, battery materials and other industrial applications. The company uses hydrometallurgical processing technologies to recover metals from lateritic ores.
Sherritt’s principal mining and refining operations are conducted through the Moa Joint Venture in Cuba, which includes an open-pit nickel and cobalt mine, a processing facility in Moa and a refinery in Fort Saskatchewan, Alberta.
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