Added to YB: 2026-06-30
Pitch date: 2026-06-26
S.TO [neutral]
Sherritt International Corporation
Author Info
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Company Info
Sherritt International Corporation engages in the mining, processing, refining, and sale of nickel and cobalt in Canada, Cuba, Europe, and Asia.
Market Cap
CAD 84.5M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
-7.68
P/E
-1.73
EV/Sales
1.68
Sector
Metals and Mining
Category
special_situation
How to Invest in Cuba: Uninvestable Ideas for (Stupidly) Brave Investors - Sherritt International Corporation
S.TO (quick overview): Asymmetric bet on Cuba reopening/regionalization. Holds 50% Moa nickel-cobalt JV (largest cobalt reserves in W. Hemisphere), 33% Energas, only NA cobalt refinery. CAD$84.4M cap, $124M cash vs $324M debt. BUT shares suspended (missed Q1 filing), refinery idled, Cuban mine offline post-2026 US sanctions. Risks: asset write-downs, Helms-Burton trafficking suit (shares fell C$10→<C$1 in 2019). Upside if privatization/regime change unlocks value.
Read full article (3 min)