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Sherritt International Corporation engages in the mining, processing, refining, and sale of nickel and cobalt in Canada, Cuba, Europe, and Asia. It operates through Metals, Power, Oil and Gas, and Corporate and Other segments. The company also produces and sells agricultural fertilizers, such as anhydrous ammonia, granular ammonium sulfate, and crystalline ammonium sulfate; and sulfuric acid, zinc sulfides, and copper sulfides. In addition, it constructs and operates power generation facilities that provide electricity in Cuba. Further, the company offers ancillary drilling services. Its products are used in stainless steel, specialty steel, chemical, and welding applications. Sherritt International Corporation was incorporated in 1927 and is based in Toronto, Canada.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Sherritt International is a Canadian resource company that produces nickel and cobalt and operates energy and power assets, with substantial operations in Cuba under long-term state arrangements. Long-term demand for battery metals, potential operational improvements and commodity price recovery may support growth, and investors may find exposure to the battery supply chain and established processing experience attractive.
Principal risks include heavy geographic and counterparty concentration in Cuba with attendant political and sanctions risk, sensitivity to nickel and cobalt price cycles, and execution and capital intensity risks for mining and energy operations.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | -62.80M | -70.50M | -62.10M | 63.30M | -12.30M |
| Net income | -65.70M | -72.80M | -64.60M | 63.50M | -13.40M |
| Selling general administrative | 34.80M | 33.30M | 21.70M | 35.00M | 39.00M |
| Gross profit | 13.90M | 20.30M | -42.20M | 16.10M | -30.80M |
| Reconciled depreciation | 14.10M | 14.00M | 14.30M | 26.00M | 35.00M |
| Ebit | -30.10M | -32.60M | -26.60M | 79.80M | 29.40M |
| Ebitda | -16.00M | -18.60M | -12.00M | 105.80M | 64.40M |
| Depreciation and amortization | 14.10M | 14.00M | 14.60M | 26.00M | 35.00M |
| Operating income | -74.50M | -43.50M | -43.40M | 79.80M | 29.40M |
| Other operating expenses | 251.80M | 202.30M | 266.70M | 249.10M | 182.70M |
| Interest expense | 32.70M | 37.90M | 35.50M | 43.50M | 46.20M |
| Tax provision | 2.60M | 2.60M | 2.20M | -0.40M | 1.10M |
| Interest income | 3.10M | 32.10M | 7.20M | 12.00M | 15.40M |
| Net interest income | -33.00M | -32.70M | -35.90M | -34.20M | -30.80M |
| Extraordinary items | -0.30M | 0.30M | -0.30M | - | -5.00M |
| Income tax expense | 2.60M | 2.60M | 2.20M | -0.40M | 1.10M |
| Total revenue | 177.30M | 158.80M | 223.30M | 178.80M | 110.20M |
| Total operating expenses | 88.40M | 63.80M | 1.20M | 86.40M | 41.70M |
| Cost of revenue | 163.40M | 138.50M | 265.50M | 162.70M | 141.00M |
| Total other income expense net | 11.70M | -27.00M | -18.70M | -16.50M | -41.70M |
| Discontinued operations | - | - | - | -0.20M | -5.00M |
| Net income from continuing ops | -65.40M | -73.10M | -64.30M | 63.70M | -13.40M |
| Net income applicable to common shares | -65.70M | -72.80M | -64.60M | 63.50M | -18.40M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 1227.30M | 1382.80M | 1390.60M | 1555.60M | 1398.00M |
| Intangible assets | 6.40M | 7.10M | 7.00M | 6.50M | 17.40M |
| Other current assets | 114.60M | - | 9.20M | 6.50M | 5.30M |
| Total liab | 715.50M | 785.40M | 777.00M | 860.70M | 813.00M |
| Total stockholder equity | 511.80M | 597.40M | 613.60M | 694.90M | 585.00M |
| Other current liab | 10.20M | 14.90M | 49.10M | 98.50M | 11.50M |
| Common stock | 2908.80M | - | 2894.90M | 2894.90M | 2894.90M |
| Capital stock | 2908.80M | 2894.90M | 2894.90M | 2894.90M | 2894.90M |
| Retained earnings | -3038.10M | -2972.40M | -2899.60M | -2835.00M | -2898.50M |
| Other liab | - | - | - | 188.70M | 135.00M |
| Other assets | 1.90M | - | - | 207.90M | 190.40M |
| Cash | 21.60M | 34.30M | 119.10M | 123.90M | 145.60M |
| Cash and equivalents | 0.20M | - | - | - | 16.10M |
| Total current liabilities | 284.60M | 293.00M | 287.30M | 367.60M | 221.90M |
| Current deferred revenue | 10.90M | - | 12.20M | 12.90M | 14.40M |
| Net debt | 302.00M | 338.20M | 236.50M | 227.00M | 298.90M |
| Short term debt | 80.70M | - | 56.80M | 46.50M | 0.00M |
| Short long term debt | 79.60M | 67.20M | 56.80M | 46.50M | - |
| Short long term debt total | 323.60M | - | 355.60M | 350.90M | 444.50M |
| Other stockholder equity | 405.90M | - | - | 635.00M | 588.60M |
| Property plant equipment | 151.70M | - | - | 148.60M | 150.90M |
| Total current assets | 274.60M | 384.80M | 399.00M | 429.30M | 390.00M |
| Long term investments | 574.30M | 665.40M | 646.70M | 756.00M | 642.40M |
| Net tangible assets | - | - | - | 681.10M | 560.70M |
| Short term investments | - | - | 30.30M | - | - |
| Net receivables | 100.60M | 92.20M | 230.90M | 261.20M | 208.80M |
| Long term debt | 236.40M | 305.30M | 298.80M | 304.40M | 444.50M |
| Inventory | 37.80M | 43.30M | 39.80M | 37.70M | 30.30M |
| Accounts payable | 181.80M | 172.50M | 169.20M | 209.70M | 196.00M |
| Accumulated other comprehensive income | 641.10M | - | 618.30M | 635.00M | 588.60M |
| Non currrent assets other | 219.20M | 0.70M | 170.80M | 207.90M | 190.40M |
| Non current assets total | 952.70M | 998.00M | 991.60M | 1126.30M | 1008.00M |
| Capital lease obligations | 7.60M | 9.80M | 11.00M | - | - |
| Long term debt total | 236.40M | - | - | - | 444.50M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | 36.10M | -4.80M | -23.40M | -9.90M |
| Change to liabilities | - | - | - | 0.00M | 76.40M |
| Total cashflows from investing activities | -13.50M | 36.10M | -18.40M | -23.40M | -9.90M |
| Net borrowings | 0.00M | 9.10M | 5.20M | -91.10M | -6.10M |
| Total cash from financing activities | -22.90M | 7.10M | -11.70M | -93.30M | -6.90M |
| Change to operating activities | - | - | - | -10.60M | -0.30M |
| Net income | -65.40M | -73.10M | -64.30M | 63.70M | -13.40M |
| Change in cash | -20.80M | 26.60M | -4.80M | -21.70M | -21.80M |
| Begin period cash flow | 145.70M | 119.10M | 123.90M | 145.60M | 167.40M |
| End period cash flow | 124.90M | 145.70M | 119.10M | 123.90M | 145.60M |
| Total cash from operating activities | 21.00M | -26.10M | 27.30M | 88.70M | -4.40M |
| Depreciation | 14.10M | 14.00M | 14.30M | 26.00M | 35.00M |
| Other cashflows from investing activities | 2.50M | 42.90M | 2.90M | 3.80M | 0.80M |
| Change to inventory | -0.80M | 1.20M | -10.50M | -7.20M | -5.50M |
| Change to account receivables | 44.90M | 9.70M | -45.20M | -11.00M | -47.60M |
| Other cashflows from financing activities | -22.90M | -2.00M | -16.90M | 31.90M | -2.30M |
| Change to netincome | - | - | - | 8.20M | -44.30M |
| Capital expenditures | 16.00M | 6.80M | 21.30M | 28.50M | 10.70M |
| Change in working capital | 44.90M | 1.40M | -93.60M | -10.60M | 23.00M |
| Stock based compensation | 3.30M | -3.00M | -1.50M | 17.50M | 13.90M |
| Other non cash items | 21.50M | 32.00M | 170.20M | -7.50M | -64.00M |
| Free cash flow | 5.00M | -32.90M | 6.00M | 60.20M | -15.10M |
Sector: Basic Materials Industry: Other Industrial Metals & Mining
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| S Sherritt International Corporation |
-0.04 19.51% |
0.17 | - | 2.50 | 1.05 | 0.40 | 2.85 | 268.63 |
| TECK-B Teck Resources Limited |
2.91 3.37% |
89.36 | 12.14 | 9.12 | 1.91 | 0.97 | 2.53 | 6.34 |
| TECK-A Teck Resources Limited |
2.26 2.62% |
88.62 | 12.13 | 9.34 | 1.91 | 0.99 | 2.58 | 6.47 |
| IVN Ivanhoe Mines Ltd. |
-0.65 7.32% |
8.23 | 44.19 | 31.45 | 37.10 | 2.17 | 30.10 | 40.94 |
| NGEX NGEx Minerals Ltd. |
0.65 3.12% |
21.50 | - | - | - | 13.49 | - | -21.12 |
Sherritt International Corporation engages in the mining, processing, refining, and sale of nickel and cobalt in Canada, Cuba, Europe, and Asia. It operates through Metals, Power, Oil and Gas, and Corporate and Other segments. The company also produces and sells agricultural fertilizers, such as anhydrous ammonia, granular ammonium sulfate, and crystalline ammonium sulfate; and sulfuric acid, zinc sulfides, and copper sulfides. In addition, it constructs and operates power generation facilities that provide electricity in Cuba. Further, the company offers ancillary drilling services. Its products are used in stainless steel, specialty steel, chemical, and welding applications. Sherritt International Corporation was incorporated in 1927 and is based in Toronto, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Leon Binedell B.Com., C.A., CPA | Pres, CEO & Director | 1974 |
| Ms. Yasmin Gabriel | Chief Financial Officer | NA |
| Mr. Edward Arnold Sellers | Sr. VP, Gen. Counsel & Corp. Sec. | NA |
| Mr. Elvin Saruk | Head of Growth Projects and Sr. VP of Oil, Gas & Power | NA |
| Mr. John Marsh | Director of Technologies Projects | NA |
| Mr. Joseph Racanelli | Director of Investor Relations | NA |
| Mr. Robert Ellenwood Ph.D. | Director of Marketing | NA |
| Mr. Chad Ross | Chief HR Officer | NA |
| Mr. Gregory Honig | Chief Commercial Officer | 1982 |
| Mr. Dan Rusnell | Sr. VP of Metals | NA |
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