Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Sherritt International Corp    S   CA8239011031

SHERRITT INTERNATIONAL CORP

(S)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations
The feature you requested does not exist. However, we suggest the following feature:

Sherritt International : sees no impact as Trump lifts ban on lawsuits against foreign firms in Cuba

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/17/2019 | 03:28pm EDT

(Reuters) - Sherritt International Corp will not be materially impacted by the Trump administration's decision to allow lawsuits in U.S. courts against foreign firms in Cuba, the Canadian mining firm said on Wednesday.

The Trump administration will allow lawsuits in U.S. courts for the first time against foreign companies that use properties confiscated by Communist-ruled Cuba since Fidel Castro's revolution six decades ago, Secretary of State Mike Pompeo said.

Toronto-based Sherritt, which is among foreign companies heavily invested in Cuba, said it would continue to operate as usual and would focus on meeting its nickel/cobalt production targets.

U.S. President Donald Trump threatened in January to allow a law that has been suspended since its creation in 1996, permitting Cuban-Americans and other U.S. citizens to sue foreign companies doing business in Cuba over property seized decades ago by the Cuban government.

The complete lifting of the ban could allow billions of dollars in legal claims to move forward in U.S. courts and likely antagonize Canada and Europe, whose companies have significant business holdings in Cuba.

(Reporting by Aakash Jagadeesh Babu in Bengaluru; Editing by James Emmanuel)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SHERRITT INTERNATIONAL COR
04/17SHERRITT INTERNATIONAL : sees no impact as Trump lifts ban on lawsuits against f..
RE
04/08SHERRITT INTERNATIONAL : Provides Notice of First Quarter 2019 Results, Conferen..
PU
04/08SHERRITT INTERNATIONAL : Publishes Cobalt Reference Price and Warrant Conversion..
AQ
04/05SHERRITT INTERNATIONAL : Publishes Cobalt Reference Price and Warrant Conversion..
PU
03/08SHERRITT INTERNATIONAL : Publishes Cobalt Reference Price and Warrant Conversion..
AQ
03/07SHERRITT INTERNATIONAL : Provides Update on Ambatovy Joint Venture
AQ
03/04SHERRITT INTERNATIONAL : Reaches Three Billion Pounds of Nickel Production Miles..
AQ
03/04SHERRITT INTERNATIONAL : reaches $3B pound nickel production milestone
AQ
02/14SHERRITT INTERNATIONAL : Reports Higher Nickel Production at Moa JV and Stronger..
AQ
02/08SHERRITT INTERNATIONAL : Publishes Cobalt Reference Price and Warrant Conversion..
AQ
More news
Financials (CAD)
Sales 2019 190 M
EBIT 2019 -
Net income 2019 -76,0 M
Debt 2019 658 M
Yield 2019 -
P/E ratio 2019 -
P/E ratio 2020
EV / Sales 2019 4,26x
EV / Sales 2020 5,41x
Capitalization 151 M
Chart SHERRITT INTERNATIONAL CORP
Duration : Period :
Sherritt International Corp Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SHERRITT INTERNATIONAL COR
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 1,06  CAD
Spread / Average Target 180%
EPS Revisions
Managers
NameTitle
David V. Pathe Chairman, President & Chief Executive Officer
Stephen James Wood Chief Operating Officer & Executive Vice President
Andrew Snowden Chief Financial Officer & Senior Vice President
Robert Peter Charles Gillin Lead Independent Non-Executive Director
Richard Douglas Lapthorne Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
SHERRITT INTERNATIONAL CORP-15.56%113
GMK NORIL'SKIY NIKEL' PAO--.--%36 212
SOUTHERN COPPER CORP35.98%32 344
HINDUSTAN ZINC LTD1.42%17 201
CHINA MOLYBDENUM30.59%14 694
ANTOFAGASTA29.98%13 095