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The latest announcement is out from Sherritt International ( (TSE:S) ).
Sherritt International addressed misleading information concerning its 10.75% unsecured PIK option notes due 2029, affirming that it has not breached the notes indenture and has fulfilled all payment obligations. The company urged stakeholders to rely on official communications for accurate information, highlighting the importance of transparency and trust in maintaining its industry position.
More about Sherritt International
Sherritt International is a global leader in using hydrometallurgical processes to mine and refine nickel and cobalt, which are crucial for the energy transition. The company operates the Moa Joint Venture, focusing on expanding its production of nickel and cobalt, and is also the largest independent energy producer in Cuba through its Power division with Energas S.A., contributing significantly to the country’s electrical capacity.
YTD Price Performance: 15.62%
Average Trading Volume: 989,477
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$73.5M
Find detailed analytics on S stock on TipRanks’ Stock Analysis page.
