RE:Question isWell a lot of this 'trading' are actually market makers crossing shares back and forth. The volume, the bid/ask lot amounts are not reliably at all with S. I know from multiple personal experiences - I trade a few hundred thousand shares of Sherrit on some days and I have never seen these trades appropriately reflected. Just today I bought huge amounts of Sherrit at the ask and the price never moved, the ask lot hardly went down.
This stock share price has been heavily manipulated for quite a while ... definitely since winter 2017 before the share price offering until now ... and who knows how much longer? Day, week, a year? No point guessing, but absent some fundamental change to the negative (e.g. new technology makes nickel and cobalt irrelevant), Sherrit will rally and rally very hard to the upside, just a matter of time.
Given current fundamentals for Sherrit and nickel/cobalt plust the super positive predictions on electric batteries 'saving the world', the MM can have this stock trade easily at a few dollars per share. Once it happends, serious institutional investors will take note and we can see further serious appreciation in the share price.