Sherritt International Corporation Company Profile and Outlook

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Sherritt International Corporation is a Canadian mining company that's been around since 1955. It was founded by Jocko Sherritt and his son, Ian Sherritt.

The company is headquartered in Calgary, Alberta, and has operations in over 10 countries. Sherritt International is a leading producer of nickel and cobalt, with a significant presence in the global market.

Sherritt International has a diverse range of products and services, including mining, refining, and electricity generation. The company's flagship project is the Fort Saskatchewan refinery in Alberta, Canada.

Financials and Performance

Sherritt International's share price has been quite volatile, with a 1 day drop of -3.57% and a 1 week gain of +3.85%. The current month has also seen a +3.85% increase.

In terms of its financials, Sherritt International has a current share price of CA$0.14, with a 52 Week High of CA$0.24 and a 52 Week Low of CA$0.12. Its beta is 1.21, indicating a relatively high level of volatility.

Sherritt International's performance over the past year has been lackluster, with a 1 Year Change of -31.71% and a 3 Year Change of -65.85%.

Financials

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Financials are a crucial aspect of a company's performance, and Sherritt International is no exception. The company's financials are a bit murky, with no net sales or net income figures available for 2025 or 2026.

However, we do know that the company's net debt is expected to remain the same in 2026 as it is in 2025, although the exact figure is not specified.

As for the company's financial performance, we can see that the current share price is CA$0.14, which is a significant change from the 52-week high of CA$0.24 and the 52-week low of CA$0.12.

Here's a summary of the company's share price performance over the past few years:

The company's beta is 1.21, indicating that its stock price is slightly more volatile than the market average.

Analysts' Consensus

Sherritt International Corporation has been consistently maintained at Sector Perform by National Bank, with a price target kept at C$0.75 as of March 23, 2023.

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The company's Q4 results miss led National Bank to maintain its Sector Perform/Speculative Risk rating on February 9, 2023, with a price target kept at C$0.80.

The Q3 results of 2022 kept Sherritt International at Sector-Perform by National Bank, with a price target kept at C$0.80 as of November 3, 2022.

National Bank upgraded Sherritt International to Sector Perform on April 13, 2022.

Here's a summary of the analysts' recommendations:

Management and Directors

Sherritt International has a strong management team and board of directors. Leon Binedell is the CEO and has been in the position since May 31, 2021. He is also the Chairman, a role he took on in 2025.

The company's Director of Finance and CFO is Yasmin Gabriel, who joined the team on August 4, 2021. Elvin Saruk is the Chief Operating Officer, appointed on January 14, 2024. Tom Halton handles investor relations, while Chad Ross is the Human Resources Officer, both of whom started in 2021.

Credit: youtube.com, Sherritt International Corporation AGM 2016

Leon Binedell, the CEO, is 51 years old. Yasmin Gabriel's age is not specified, but Elvin Saruk's age is also unknown. Tom Halton and Chad Ross are both ageless, as their ages are not provided.

The board of directors consists of several members, including Peter Hancock, Lo Chih-Ting, and Louise Blais. Shelley Brown and Richard Moat are also directors, with ages 68 and 70, respectively. John Ewing and Louise Blais are both directors, but their ages are not specified.

Here is a list of Sherritt International's management team and board of directors:

Stock and Shareholder Information

Sherritt International's stock is listed on the Toronto Stock Exchange under the ticker symbol S.

Their common shares are comprised of 144,119,444 shares outstanding.

Sherritt International's Board of Directors oversees the company's operations and makes key decisions.

Stock Overview

When you're considering a stock, it's essential to have a clear understanding of the company's operations. Sherritt International (S) is a great example of this, as it engages in the mining, processing, refining, and sale of nickel and cobalt.

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The company operates globally, with a presence in North America, Cuba, Europe, Asia, Australia, and internationally. This diverse reach allows Sherritt International to tap into various markets and revenue streams.

Sherritt International's activities are focused on the extraction and sale of nickel and cobalt, making it a key player in the mining industry.

Shareholder Returns

When looking at shareholder returns, it's essential to consider how a company's stock has performed over time compared to the industry and market as a whole.

Over the past 7 days, the company's stock returned 7.7%, which is a significant increase. On the other hand, the Canadian Metals and Mining industry returned -0.05% over the same period, and the Canadian Market returned -0.5%.

Here's a breakdown of the company's return over different time periods:

As we can see from the table, the company's stock has underperformed the industry and market over the past year, with a return of -31.7% compared to 67.5% for the industry and 19.0% for the market. This suggests that investors may have been better off putting their money elsewhere.

Risk and Outlook

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Sherritt International's financial performance has been a concern, with earnings declining by 10.6% per year over the past 5 years.

Shareholders have also taken a hit, as the company's past year has seen shareholder dilution.

The company's market capitalization is relatively small, at CA$69M, which may indicate a higher risk for investors.

Risk Analysis

Earnings have declined by 10.6% per year over the past 5 years, making it difficult for the company to maintain profitability.

A 10.6% decline in earnings per year is a significant drop, and it's essential to understand the underlying causes to make informed investment decisions.

Shareholders have been diluted in the past year, which can be a red flag for investors.

Dilution of shares can lead to a decrease in ownership and control, making it harder for investors to recoup their investments.

The company's market capitalization is only CA$69M, which is considered a small market cap.

A small market cap can make it challenging for the company to raise capital and may lead to increased volatility in the stock price.

Nickel Miner to Benefit from Optimistic Outlook

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Growing demand for nickel is making it a great time to invest in certain mining companies. Sherritt International Corp. (TSX:S) is one such company that stands to benefit from this optimistic outlook.

Emerging supply constraints for nickel are also contributing to the positive outlook. This means that companies like Sherritt International Corp. are well-positioned to meet the increasing demand.

The company has already reported its Q2 2025 earnings, which can be found in the July 30, 2025 earnings call transcript. This provides valuable insight into the company's current financial situation.

Sherritt International Corp. has a diversified mining operation, which can be seen in the company's Q2 2025 earnings report. This diversification can help mitigate risks and ensure a steady income stream.

Here's a brief summary of the key points:

  • Company: Sherritt International Corp. (TSX:S)
  • Key date: Q2 2025 earnings report
  • Key fact: Emerging supply constraints for nickel

Industry and Market Analysis

Sherritt International is a leading producer of nickel and cobalt, with a significant presence in the global market.

The company's primary business is the mining and refining of nickel and cobalt, with a focus on producing high-purity metals for use in various industries.

Credit: youtube.com, (SHERRITT INTERNATIONAL-TICKER-S) #6 BIGGEST NICKEL PRODUCER IN WORLD in 2013!

Sherritt's operations are concentrated in Canada and Cuba, where it has a long history of mining and refining nickel and cobalt.

The company's Fort Saskatchewan refinery is a major producer of nickel and cobalt, with a capacity to produce over 25,000 tonnes of nickel and 3,000 tonnes of cobalt per year.

Sherritt's global market share is around 8% for nickel and 6% for cobalt, making it one of the largest producers of these metals worldwide.

The company's products are used in a variety of applications, including stainless steel production, battery manufacturing, and other industrial uses.

Sherritt's revenue is heavily dependent on the global demand for nickel and cobalt, which can be volatile and subject to fluctuations in the global market.

Company Details

Sherritt International Corporation has a rich history dating back to 1927. The company was founded that year.

The company's leadership is headed by Leon Binedell, who serves as the CEO. You can find more information about the company on their official website, www.sherritt.com.

Credit: youtube.com, TSX Quarterly - Sherritt International Corporation (TSX:S) | 2021 Q3

Sherritt International operates globally, with a presence in North America, Cuba, Europe, Asia, Australia, and internationally. They engage in various activities, including mining, processing, refining, and sale of nickel and cobalt, as well as the production and sale of agricultural fertilizers and sulfuric acid.

Here's a brief overview of the company's segments:

Frequently Asked Questions

Is Sherritt International a good buy?

Sherritt International has a Hold rating, which is lower than the average rating for its industry. Analysts' opinions may vary, so it's worth exploring the company's performance and prospects further.

What is the MOA joint venture?

The Moa Joint Venture is a mining operation that extracts nickel and cobalt from ore in Cuba and refines it in Canada. It involves an open pit mine and processing facility in Moa, Cuba, and refining facilities in Fort Saskatchewan, Alberta, Canada.

Colleen Boyer

Lead Assigning Editor

Colleen Boyer is a seasoned Assigning Editor with a keen eye for compelling storytelling. With a background in journalism and a passion for complex ideas, she has built a reputation for overseeing high-quality content across a range of subjects. Her expertise spans the realm of finance, with a particular focus on Investment Theory.

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