Sherritt International Stock Analysis

Sherritt Stock Analysis Notes

The company has price-to-book ratio of 0.12. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Sherritt International recorded a loss per share of 0.26. The entity last dividend was issued on the 26th of June 2015. Sherritt International Corporation engages in the mining, refining, and sale of nickel and cobalt from lateritic ores primarily in Europe, Japan, and China. Sherritt International Corporation was founded in 1927 and is based in Toronto, Canada. SHERRITT INTL operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange. To find out more about Sherritt International contact David Pathe at 416 924 4551 or learn more at https://www.sherritt.com.

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Sherritt Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 67.54 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sherritt International's market, we take the total number of its shares issued and multiply it by Sherritt International's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Sherritt Profitablity

The company has Profit Margin (PM) of (0.7) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.01) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.01.

Management Efficiency

Sherritt International has return on total asset (ROA) of (0.0174) % which means that it has lost $0.0174 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1653) %, meaning that it created substantial loss on money invested by shareholders. Sherritt International's management efficiency ratios could be used to measure how well Sherritt International manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Tangible Assets is likely to grow to -0.04. In addition to that, Return On Capital Employed is likely to grow to -0.04. At this time, Sherritt International's Total Current Assets are very stable compared to the past year. As of the 25th of November 2024, Net Tangible Assets is likely to grow to about 998.2 M, while Total Assets are likely to drop about 1.3 B.

Technical Drivers

As of the 25th of November, Sherritt International has the Risk Adjusted Performance of (0.06), coefficient of variation of (1,133), and Variance of 9.54. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sherritt International, as well as the relationship between them.

Sherritt International Price Movement Analysis

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Sherritt International Forecast Models

Sherritt International's time-series forecasting models are one of many Sherritt International's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Sherritt International's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Sherritt International prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Sherritt shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Sherritt International. By using and applying Sherritt Stock analysis, traders can create a robust methodology for identifying Sherritt entry and exit points for their positions.

Sherritt International financial ratios help investors to determine whether Sherritt Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sherritt with respect to the benefits of owning Sherritt International security.