Sherritt International (OTCMKTS:SHERF) Share Price Passes Above 50-Day Moving Average – Time to Sell?

by · The Markets Daily

Sherritt International Co. (OTCMKTS:SHERF – Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.14 and traded as high as $0.1810. Sherritt International shares last traded at $0.1810, with a volume of 6,500 shares.

Sherritt International Stock Performance

The company’s 50-day moving average is $0.15 and its two-hundred day moving average is $0.11.

Sherritt International Company Profile

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Sherritt International Corporation is a Canada‐based resource company specializing in the production and marketing of nickel and cobalt, as well as in the development and operation of oil and gas assets. Founded in 1927, Sherritt has evolved into one of the world’s largest independent producers of these critical battery metals, leveraging hydrometallurgical processing to transform lateritic ores into high‐purity end products for global markets.

The company’s metals segment includes its 50/50 joint venture with General Nickel Company in Cuba (Moa Joint Venture) and a majority interest in the Ambatovy nickel‐cobalt project in Madagascar.

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