229134043 - 1_qnav8neg - PID 1851201
    
    
      
    
  

  
    
        Hi Ted Dixon with your INK
daily preview
        for Wednesday February
16th.
        Insiders buy as nickel
        gives Sherritt
International a charge.
        It has been a turbulent
ride
        for the shareholders of
cobalt and nickel
        producer Sherritt
International over
        the last five years as the
stock ran into
        multiple headwinds
including losses at
        a former joint
        venture Madagascar nickel
project.
        The share price, off 56%
over
        the past half decade but
        the future is looking
        brighter based on our
signals.
        The INK Edge outlook has
improved
        thanks to relatively
attractive valuations,
        improving price momentum
and insider buying.
        In terms of capital
structure,
        the firm will have no debt
due
        until 2026 giving it
        some breathing room to
ride out
        the current Fed tightening
cycle.
        That said, Sherritt will
        need management to succeed
in
        implementing its business
plan
        along with strong nickel
and
        cobalt prices to help
manage
        its 441 million dollars in
long-term debt.
        At this point, it is good
to
        see the stock moving up
our rankings
        as insiders bet on the
company’s future.
        Well that is all for
today.
        And thanks for stopping
by.
        Don’t forget to click on
the notify button
        under this video
        and I hope to see you
        again tomorrow as we let
        the insiders guide us to
opportunity in 2022.
        This is not a
recommendation to
        buy or sell securities and
        nothing in this video or
        in INK reports should be
considered
        financial advice
information is for
        educational purposes INK
employees may
        hold an interest in any
stock
        mentioned in our videos or
in our reports.