Sherritt International traded at 0.40 this Friday August 21st, increasing 0.12 or 42.86 percent since the previous trading session. Looking back, over the last four weeks, Sherritt International gained 207.69 percent. Over the last 12 months, its price rose by 185.71 percent. Looking ahead, we forecast Sherritt International to be priced at 0.39 by the end of this quarter and at 0.37 in one year, according to Trading Economics global macro models projections and analysts expectations.
Sherritt International Corporation is engaged in the mining and refining of nickel and cobalt from lateritic ores with projects and operations in Canada, Cuba and Madagascar. The Company's segments include Metals, Oil and Gas, Power, and Corporate and Other. The Metals segment includes mining, processing and refining nickel and cobalt from lateritic ore bodies, through the partnership with General Nickel Company S.A. of Cuba (the Moa Joint Venture); an interest in the Ambatovy Joint Venture that owns a nickel operation in Madagascar. It has fertilizer, sulfuric acid, utilities and storage facilities in Fort Saskatchewan, Canada. The Oil and Gas segment includes the oil and gas operations in Cuba, as well as the exploration and development of oil and gas in Cuba, Spain and Pakistan. Its Power segment includes power generating assets, located in Cuba at Varadero, Boca de Jaruco and Puerto Escondido. The Corporate and Other segment consists of the metallurgical technology business.