Sherritt International Corporation (SHERF)
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 $0.19, up 11.76% on the session, giving a market capitalisation of $133.8M. On trailing twelve-month figures it carries a trailing P/E of -1.41, a net margin of -61.3%. Its beta of 0.64 implies it has historically moved less than the broad market.
Established in 1927 and headquartered in Toronto, Canada, Sherritt International Corporation functions as a diversified natural resource enterprise. Its primary endeavors involve the extraction, refinement, and commercialization of nickel and cobalt, derived from lateritic deposits predominantly found in Canada and Cuba. The company's operations are structured across several key segments, including the Moa Joint Venture, Fort Site, Metals Other, Oil and Gas, Power, and Technologies divisions. Beyond its core metals business, Sherritt also contributes to the agricultural sector by manufacturing and distributing fertilizers throughout Western Canada, supported by administrative and storage infrastructure in Fort Saskatchewan, Alberta. Furthermore, it engages in the exploration and production of oil and natural gas, primarily from offshore fields located along Cuba's northern coast. In the energy domain, Sherritt generates and supplies electricity, leveraging natural gas and waste heat to achieve a substantial 506-megawatt capacity, notably through its two combined cycle power plants situated in Varadero and Boca de Jaruco. The corporation also extends its capabilities by offering specialized services in technical support, process optimization, and the advancement of new technologies.
Sherritt International Corporation is most often compared with the following Basic Materials names: