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Sherritt International Corp. presents a complex investment scenario influenced by various factors. Recent analysis indicates a high default ratio of 7.36%, signaling potential financial instability. Furthermore, the company reported negative cash flow in the last quarter, with annual interest expenses amounting to $36.1 million, which raises concerns about its ability to manage debt effectively. The fact that a significant portion of its debt matures in 2026 adds to the uncertainty regarding its fiscal health. Due to its relatively small size and prevailing issues in Cuba, there is skepticism about the company's ability to raise substantial capital through dilutive equity offerings. Overall, any investment in this stock is perceived as extremely risky, necessitating careful consideration before proceeding.
Always highly leveraged on risk/reward. Geopolitical risk of Cuba. Nothing compelling in terms of nickel or cobalt options, there are better choices. No dividend.
Historically owned bonds. If the trend for nickel continues, it will do well.
Sherritt International Corp. is a Canadian stock, trading under the symbol S-T on the Toronto Stock Exchange (S-CT). It is usually referred to as TSX:S or S-T
In the last year, 1 stock analyst published opinions about S-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Sherritt International Corp..
Sherritt International Corp. was recommended as a Top Pick by on . Read the latest stock experts ratings for Sherritt International Corp..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Sherritt International Corp. In the last year. It is a trending stock that is worth watching.
On 2025-03-21, Sherritt International Corp. (S-T) stock closed at a price of $0.145.
It is certainly not beyond possibility. Bloomberg default ratio is 7.36%, which is very high for that indicator. Cash flow was negative in the last quarter, yet 12-month interest expenses were $36.1M net. With its small size and Cuban and other issues, we are not sure it could raise a lot of money with a dilutive equity issue. Most debt matures in 2026. Certainly any investment here needs to be considered extremely risky.
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