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    cobalt investing

    Sherritt Q1 Profit Doubles on Higher Commodity Prices

    Written by Investing News Network
    |
    Apr. 27, 2011 04:48PM PST

    Reuters Africa reported that profits for Sherritt (TSE:S) rose significantly on rising prices for cobalt and other commodities.

    Reuters Africa reported that profits for Sherritt (TSX:S) rose significantly on rising prices for cobalt and other commodities.

    The market news is quoted as saying:

    Revenue at the company, which owns assets spread across Canada, Cuba, Pakistan and other countries, rose 30 percent to C$474.5 million.

    To read the full market news, click here.

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