Bullboard - Stock Discussion Forum Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Industrial Metals & Minerals

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... see more

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Sherritt International Corp > Dejavu all over again - feels like 2019's annual report

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Post by Sanguinity on Feb 07, 2024 11:07am

Dejavu all over again - feels like 2019's annual report

https://s2.q4cdn.com/343762060/files/doc_financials/Annual-Report/2019/Sherritt-ANNUAL-REPORT-Final.pdf

Funny enough, the stock price was in the same death plunge back then, almost exactly to the penny too.

Revenue down. Oil mined down. Cobal mined down. Nickel mined down. Profits .... well losses chalked up a bigger number.

Thus begat a spiraling dive down to a close of nine cents per share eleven months later.