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Sherritt International Corp T.S

Alternate Symbol(s):  SHERF

Metals & Mining Copper
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

Sherritt International Corp > EVERYONE THOUGHT ON SHERRITT LONGER TERM PERSPECTIVE.?
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Comment by Albatrosson Jun 01, 2022 11:01am
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Post# 34723263

RE: EVERYONE THOUGHT ON SHERRITT LONGER TERM PERSPECTIVE.?

RE: EVERYONE THOUGHT ON SHERRITT LONGER TERM PERSPECTIVE.?

Sherritt is going to have to prove it to the market. With one month to go next quarter results should be similar or better than last. Nickel prices currently trading around 12.60 lb   

I think we probably need at least a year of consistently improving the balance sheet at this rate to see the market buying in more.

I think there is a bullish case for nickel. High oil prices are pushing people and countries to EVs and the metal market is even more in elastic than oil. I think prices will hold. I hope sherritt can capitalize and make good use of the extra cash flow. 

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