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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

Post by CommonCents123on Jan 13, 2024 10:03am
92 Views
Post# 35825017

FOR THE CHART ANALYSTS IN THE GROUP

FOR THE CHART ANALYSTS IN THE GROUP
The suggestion is to STAY IN CASH. The previous sell signal was observed on 10/01/2024, 2 days ago, when the stock price was 0.3100. Since then S.TO has fallen by -3.23%.
 
The downtrend seems secure and the polar bears are confident and happy. The share price is below the confirmation level and the signal is suggesting to STAY IN CASH. The current price levels demonstrate the wisdom of the previous sell signal. You may want to wait on the sidelines, or consider other securities like cnc.v for a bullish bet.

GLTA

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