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Sherritt International Reports Strong 2024 Results Amid Challenging Conditions
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Sherritt International Reports Strong 2024 Results Amid Challenging Conditions

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An announcement from Sherritt International ( (TSE:S) ) is now available.

Sherritt International Corporation ended 2024 with strong operational results, achieving production targets despite facing significant external challenges such as natural disasters and labor disruptions. The company successfully maximized its potential for Cobalt Swap distributions, receiving $30 million, and enhanced its power production to achieve a six-year high, resulting in $13 million in dividends, reflecting its resilience and strategic focus on efficiency and cost management.

More about Sherritt International

Sherritt International Corporation is a diversified resource company with operations in the metals and power industries. It focuses on the production of nickel and cobalt from lateritic ores, primarily through its Moa Joint Venture, and electricity generation in Cuba.

YTD Price Performance: -3.12%

Average Trading Volume: 905,888

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$63.57M

Find detailed analytics on S stock on TipRanks’ Stock Analysis page.

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