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Bullboard - Stock Discussion Forum Sherritt International Corp T.S

Alternate Symbol(s):  SHERF

Metals & Mining Industrial Metals & Minerals
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... see more

TSX:S - Post Discussion

Sherritt International Corp > $0.275 to $0.32 in the space of a week
View:
Post by Sanguinity on Apr 07, 2024 1:49pm

$0.275 to $0.32 in the space of a week

16% return.

Nickel has gone from $7.405/lb on March 27th to $7.814/lb on Friday.

Even giving it a few days lag to let Sherritt catch the wave, that's only a 5% increase in the metal.

Something's f*$ky.
Comment by CommonCents123 on Apr 07, 2024 9:34pm
maybe its the moon shot or maybe the eclipse has something to do with it lol.
Comment by rkhosla on Apr 08, 2024 1:13pm
I don't feel we have legs at the momment.  may settle at $.35 and stay there for 6 months.  Can't see rationale for us cracking $.40 unfortunately until we have some actual decent cash flow and a realistic chance of tackling debt bomb.  
Comment by Sanguinity on Apr 08, 2024 7:02pm
They've scheduled their review of Q1 for May 8th, so at least they're optimistic they'll be around that long.
Comment by Sanguinity on Apr 09, 2024 10:22am
I guess now we know why the share price suddenly popped going into the moment they announced their bright shiny news. Funny how that happens, eh?
Sherritt International Corp