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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

Post by Sanguinityon Feb 07, 2024 5:06pm
103 Views
Post# 35868482

Sherritt falls on its sword

Sherritt falls on its swordOMFG!  Crushingly bad results.

"Net loss from continuing operations of $53.4 million"

Given they telegraphed they are in deep trouble when they started laying off so many, too bad it wasn't the overpaid executive team.  That at least would have said "we're trying". 

Never did I think it was this bad for the company.  Clearly it is only going to get worse at an increasing rate.

I really do hope no one fell for the wash trades and pump-and-dump nonsense that were getting touted on this bullboard.  That would be criminal.
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