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An announcement from Sherritt International ( (TSE:S) ) is now available.
Sherritt International has released its 2024 Sustainability Reports, highlighting significant advancements in health and safety, environmental stewardship, and responsible production. The company has implemented enhanced safety protocols, initiated a tailings project at Moa JV, and assessed climate-related risks to reduce GHG emissions. Sherritt also achieved high standards in responsible sourcing and strengthened its partnerships with Indigenous communities, aligning with global sustainability frameworks.
The most recent analyst rating on (TSE:S) stock is a Hold with a C$0.25 price target. To see the full list of analyst forecasts on Sherritt International stock, see the TSE:S Stock Forecast page.
Spark’s Take on TSE:S Stock
According to Spark, TipRanks’ AI Analyst, TSE:S is a Neutral.
Sherritt International’s overall stock score is primarily impacted by its challenging financial performance, characterized by negative profitability and cash flow issues. Technical analysis further indicates bearish momentum. While corporate events and earnings call provide some positive strategic developments, they are overshadowed by operational challenges and valuation concerns.
To see Spark’s full report on TSE:S stock, click here.
More about Sherritt International
Sherritt International Corporation is a global leader in the mining and refining of nickel and cobalt, utilizing hydrometallurgical processes. These metals are critical for the energy transition, and Sherritt focuses on sustainable practices in its operations.
Average Trading Volume: 159,012
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$69.48M
Find detailed analytics on S stock on TipRanks’ Stock Analysis page.