Sherritt International Corp.

S-T

TSE:S

0.20
0.00 (0.00%)
Sherritt International is a Canadian resource company, based in Toronto, Ontario. The company's business interests include nickel and cobalt mining, oil and gas exploration and production, and electricity generation.
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Analysis and Opinions about S-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
June 11, 2020
This is a zero, although not priced there yet. That is where it is going. It has been a lousy company for a long time. Madagascar will prove to be their undoing. They defaulted on their debt in February. Their debt is currently worth 54 cents on the dollar so the stock is worth zero.
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This is a zero, although not priced there yet. That is where it is going. It has been a lousy company for a long time. Madagascar will prove to be their undoing. They defaulted on their debt in February. Their debt is currently worth 54 cents on the dollar so the stock is worth zero.
COMMENT
COMMENT
December 13, 2019

Historically owned bonds. If the trend for nickel continues, it will do well.

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Historically owned bonds. If the trend for nickel continues, it will do well.

DON'T BUY
DON'T BUY
December 9, 2019
He's looking at their bonds. They're misunderstood. They've struggled badly this year as Trump pressure countries like Cuba and Venezuela where Sherritt has interests. Also, the company has a lot of debt to pay.
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He's looking at their bonds. They're misunderstood. They've struggled badly this year as Trump pressure countries like Cuba and Venezuela where Sherritt has interests. Also, the company has a lot of debt to pay.
DON'T BUY
DON'T BUY
December 4, 2019
It's trading as if the market thinks its balance sheet will disappear--sell-off. Avoid this.
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It's trading as if the market thinks its balance sheet will disappear--sell-off. Avoid this.
DON'T BUY
DON'T BUY
August 12, 2019
There is evidence of a bottom developing but he thinks we are in a world where growth is slowing. You need a robust economy to invest here, but it may be tradable. The story over 5 years is down.
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There is evidence of a bottom developing but he thinks we are in a world where growth is slowing. You need a robust economy to invest here, but it may be tradable. The story over 5 years is down.
DON'T BUY
DON'T BUY
July 29, 2019
He does not look at stocks trading at this level. This stock could go anywhere. He predicts it goes down.
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He does not look at stocks trading at this level. This stock could go anywhere. He predicts it goes down.
COMMENT
COMMENT
July 12, 2019
The share price keeps falling. Why? The biggest thing recently is in Cuba where they have assets and deal with the government to repatriate cash flow, not related to that quarter's cash flow. A quarter ago, Cuba didn't pay. Two weeks ago, they announced a solution, a deal with the Cuban government which is cash-strapped, especially as it deals with the costs of hurricanes that have hit Cuba. Cuba has to pay or else it will scare off other Western companies.
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The share price keeps falling. Why? The biggest thing recently is in Cuba where they have assets and deal with the government to repatriate cash flow, not related to that quarter's cash flow. A quarter ago, Cuba didn't pay. Two weeks ago, they announced a solution, a deal with the Cuban government which is cash-strapped, especially as it deals with the costs of hurricanes that have hit Cuba. Cuba has to pay or else it will scare off other Western companies.
SELL
SELL
May 8, 2019
This is going to 0. The assets are stranded in Cuba. Trump has opened the door to litigation. They have a terrible mine in Madagascar. Sell it, run away.
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This is going to 0. The assets are stranded in Cuba. Trump has opened the door to litigation. They have a terrible mine in Madagascar. Sell it, run away.
COMMENT
COMMENT
December 28, 2018
Cobalt is a partner commodity in the production of lithium batteries. Earnings are expected to be negative in 2019. Cobalt prices have risen sharply, causing manufacturers to find a way to move away from using it -- nickle may replace it (as an aside Sherritt could be a potential benefactor of this). He would consider selling FCC-V in favour of XBC-V (who focuses on garbage dump gas extraction).
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Cobalt is a partner commodity in the production of lithium batteries. Earnings are expected to be negative in 2019. Cobalt prices have risen sharply, causing manufacturers to find a way to move away from using it -- nickle may replace it (as an aside Sherritt could be a potential benefactor of this). He would consider selling FCC-V in favour of XBC-V (who focuses on garbage dump gas extraction).
HOLD
HOLD
December 28, 2018
Most base metals travel together. Copper is down, zinc is down, so he thinks it is following the basic trend. Earnings are expected to improve next year and cash flow suggests it trades at 6 times cash flow. It is supported by EV automobile growth. He would continue to hold.
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Most base metals travel together. Copper is down, zinc is down, so he thinks it is following the basic trend. Earnings are expected to improve next year and cash flow suggests it trades at 6 times cash flow. It is supported by EV automobile growth. He would continue to hold.
DON'T BUY
DON'T BUY
December 20, 2018
It's fallen on hard times. It bought a big mine in west Africa and has trouble getting it to run at a profit. They took on a lot of debt to buy that mine, and not the credit cycle is turning. Their bonds are trading as if is S is going bankrupt.
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It's fallen on hard times. It bought a big mine in west Africa and has trouble getting it to run at a profit. They took on a lot of debt to buy that mine, and not the credit cycle is turning. Their bonds are trading as if is S is going bankrupt.
COMMENT
COMMENT
October 29, 2018

It still depends highly depend on nickel. They also deal in oil/gas (in Cuba). Cobalt has seen a lift, because it's used in technology. They're certainly not flourishing, though surviving. He wants to see signs of global stabilization especially in China because that will help the nickel, copper and zinc prices and lead to Sherritt rebounding.

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It still depends highly depend on nickel. They also deal in oil/gas (in Cuba). Cobalt has seen a lift, because it's used in technology. They're certainly not flourishing, though surviving. He wants to see signs of global stabilization especially in China because that will help the nickel, copper and zinc prices and lead to Sherritt rebounding.

HOLD
HOLD
October 24, 2018

A few decades ago, Sherritt was well-run and diversified. But to clean up their balance sheet, they went became a smaller-capitalized company in the sector. It's not cheap, and it's also more speculative than other mining companies. Consider a small holding in your overall portfolio or hold onto it if you already own it.

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A few decades ago, Sherritt was well-run and diversified. But to clean up their balance sheet, they went became a smaller-capitalized company in the sector. It's not cheap, and it's also more speculative than other mining companies. Consider a small holding in your overall portfolio or hold onto it if you already own it.

DON'T BUY
DON'T BUY
August 2, 2018

He does not know where it will go in 12 months. He lost confidence in the CEO at an AGM several years ago. Prices of commodities have gone up but this stock has not. He does not have confidence in management, although they took care of a lot of their debt.

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He does not know where it will go in 12 months. He lost confidence in the CEO at an AGM several years ago. Prices of commodities have gone up but this stock has not. He does not have confidence in management, although they took care of a lot of their debt.

DON'T BUY
DON'T BUY
June 6, 2018

A very sideways looking chart. He would not buy it, because the stock price is going nowhere fast. He would pass.

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A very sideways looking chart. He would not buy it, because the stock price is going nowhere fast. He would pass.

Showing 1 to 15 of 721 entries

Sherritt International Corp.(S-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 3

Stockchase rating for Sherritt International Corp. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Sherritt International Corp.(S-T) Frequently Asked Questions

What is Sherritt International Corp. stock symbol?

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

Is Sherritt International Corp. a buy or a sell?

In the last year, 3 stock analysts published opinions about S-T. 0 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Sherritt International Corp..

Is Sherritt International Corp. a good investment or a top pick?

Sherritt International Corp. was recommended as a Top Pick by Brian Madden on 2020-06-11. Read the latest stock experts ratings for Sherritt International Corp..

Why is Sherritt International Corp. stock dropping?

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.

Is Sherritt International Corp. worth watching?

3 stock analysts on Stockchase covered Sherritt International Corp. In the last year. It is a trending stock that is worth watching.

What is Sherritt International Corp. stock price?

On 2020-09-21, Sherritt International Corp. (S-T) stock closed at a price of $0.2.