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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

Comment by Ernieandberton Feb 15, 2022 12:40pm
156 Views
Post# 34430473

RE:RE:Scotia

RE:RE:ScotiaHe is so far behind the Ni curve.  Has $.45 PT on S.  Has Ni at U$8.50 for 2022, U$8.00 for 2023 and lower beyond that.  He has them doing $111mm of Ebitda this year...they could get close to that for the 1Q22 alone!  And with bonds trading at $58.00, S is trading uber cheap at market value.  This stock will have to grind toward $1.00 over the next month or two.  How Orest doesn't move his 1Q22 target on Ni higher given we are officially half way through the month and we sit at U$10.80.  He will be dragged higher by the market forcing him to play catch-up.  
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