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Mixed tradingTSX and Wall Street extend recoveryWeekly 52-Week Low (or 52-Week High): BB-T, AEM-T, DOO-T, TSU-T and More 52-Week Highs and Lows (Jan 29-Feb 04)This summary was created by AI, based on 1 opinions in the last 12 months.
Sherritt International Corp. is currently facing significant challenges highlighted by a high Bloomberg default ratio of 7.36%, which raises red flags for investors. Recent financial performance indicates negative cash flow in the last quarter, coupled with substantial interest expenses totaling $36.1 million over the past year. The company’s small size, along with geopolitical issues relating to its operations in Cuba, complicates its ability to raise capital, particularly through a dilutive equity issue. With the majority of its debt maturing in 2026, any prospective investments in this company come with a high degree of risk and uncertainty, necessitating careful consideration by potential investors who should be prepared for volatile conditions.
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 2025-02-07, Sherritt International Corp. (S-T) stock closed at a price of $0.19.
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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