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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 through hydrometallurgical processes. 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. 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 Company’s 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 YourFriendoon Mar 20, 2018 10:24am
147 Views
Post# 27745892

Prediction for Q1

Prediction for Q1With only a few days left in the quarter my prediction is as follows:
- Misses expectations on EPS, cash balance, and production (as always). Management blames it on some external factor (as always) and keeps talking about stonger co and ni prices, yet fails to mention how they are not swimming in cash when ni is at $6+ and co at $40+.

We will see in a few weeks.

I've asked this before, but can someone explain to me how the stock is trading at the same levels it was in Dec 2016 when ni was below $5 and co around $20?
Bullboard Posts