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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

Comment by Stratocheifon Feb 16, 2024 5:31pm
80 Views
Post# 35885182

RE:Time for your weekly "So, how did Sherritt do?"

RE:Time for your weekly "So, how did Sherritt do?"
Sanguinity wrote: One week: down 10%; that's bad after "earnings" (losses in the case of Sherritt though, eh?!)  are announced


One month: down 14.5%; no good news there when that happens right before "earnings" announced


Three months: down 28%; holy destruction of wealth Sherritt investors!


Six months: down 42%; OMFG...!!


One year: down 50%; nothing but losses for anyone fooled into this black hole of wealth destruction

Who woulda thunkit.




Problem is it's gonna sink a lot more in the coming month or two barring a miracle spike in nickel price. I've noticed this before.....a terrible quarterly report and the next few days it goes down a bit but the drop continues for many weeks afterwards. It's bizzare.  like investors are half asleep and it takes them a month to wake up to the bad news.
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