Sherritt International Corporation (S.TO)
Sherritt International Corporation operates in the Other Precious Metals industry of the Basic Materials sector, headquartered in Toronto, ON, CA. The stock last traded at $0.26, up 1.96% on the session, giving a market capitalisation of $127.7M. Its beta of 0.61 implies it has historically moved less than the broad market.
Sherritt International Corporation is a diversified resource company primarily engaged in the extraction, refinement, and sale of nickel and cobalt sourced from lateritic deposits, with significant operations in Canada and Cuba. Its business activities are structured into distinct segments: the Moa Joint Venture, Fort Site, Metals Other, Oil and Gas, Power, and Technologies. Beyond its core metals business, Sherritt also produces and distributes agricultural fertilizers across Western Canada, supported by additional storage and administrative facilities in Fort Saskatchewan, Alberta. The company further diversifies its revenue streams through oil and gas exploration and production, primarily targeting offshore reservoirs along Cuba's northern coast. A key component of its operations includes power generation, selling 506 megawatts of electricity produced from natural gas and waste heat steam. This power is generated from two combined cycle plants situated in Varadero and Boca de Jaruco. Moreover, Sherritt provides specialized services in technical support, process optimization, and the development of new technologies. Founded in 1927, Sherritt International Corporation is headquartered in Toronto, Canada.
Sherritt International Corporation is most often compared with the following Basic Materials names: