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Sherritt International Corp T.S

Alternate Symbol(s):  SHERF

Sherritt International Corporation is a Canada-based company engaged in the mining and refining of nickel and cobalt metals essential for the adoption of electric vehicles. The Company is engaged in the production of high purity nickel and cobalt metals from lateritic ore. Its technologies group creates solutions for oil and mining companies around the world to improve environmental performance. It is also the independent energy producer in Cuba. The Company offers a range of products including Nickel, Cobalt, Fertilizers and Other Products. The Nickel products category includes standard grade, steel grade, and nickel powders. The Cobalt products category includes cobalt briquettes and cobalt powders. The Fertilizers product category includes anhydrous ammonia, granular ammonium sulfate, crystalline ammonium sulfate-super salt, and crystalline ammonium sulfate-standard grade. The Other products category includes sulfuric acid, zinc sulfide, and copper sulfide.


TSX:S - Post by User

Bullboard Posts
Post by marrcooooon Jan 06, 2015 5:08pm
516 Views
Post# 23291540

Globe & Mail Dumps on Sherritt

Globe & Mail Dumps on SherrittAccording to the Globe & Mail:

https://www.theglobeandmail.com/globe-investor/markets/stocks/summary/?q=s-T

Net income grew by 2,801.25%, year over year, to a loss of $0.17 per share during the most recently completed quarter. This was among the weakest growth seen in this industry. 
Sherritt International Corporation has a net profit margin of -67.75%. Besides being negative, it is also below the industry average and implies that this company is not effective at turning revenues into bottom line profit. 

The price of Nickel is at a low:
6 Month Nickel  





Nickel Warehouse stock levels have never been this high ever. A Huge Surplus

https://www.kitcometals.com/charts/nickel_historical_large.html#60days

 Year LME Nickel Warehouse Stocks Level  


Trying to find the positives on this company and am coming up empty. Can someone enlighten me and offer up why this company's stock price might go up in the near term future? Or do we have to wait years for this to happen?
Bullboard Posts