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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 Nickbullon May 07, 2022 10:51pm
172 Views
Post# 34665064

RE:RE:RE:RE:RE:RE:Decent show of strength today

RE:RE:RE:RE:RE:RE:Decent show of strength today

It would be 250000 tons. Seem like a lot from what I understand but I don't pay a lot of attention to their fertilizer sales. Historically firtilizers have not moved the bottom line, more of a break even. They sell surplus anhydrous ammonia and granular ammonia sulphate. The granular is a byproduct clean up. Fertilizer sales margins are up considerably this year and will be noteable but still nickel and cobalt are the business. I am super exited about the prospect of a 12$ reference price. That a 100% margin increase from what the market has baked in. 

looks like .67 will be the 52 week low 1 year from now.



cheers

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