Sims Ltd
OTC Pink - Current Information:SMSMY

  • LAST PRICE
    7.7600
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
  • Bid / Lots
    7.5000/ 17
  • Ask / Lots
    8.0600/ 7
  • Open / Previous Close
    0.0000 / 7.7600
  • Day Range
    ---
  • 52 Week Range
    7.4725
    11.2000
  • Volume
    ---

Search Criteria

Click on magnifying glass icon to search

CompanyCountrySymbol

TD Direct Investing offers more research reports than any other discount brokerage in Canada. Provided from the industry's most trusted sources, our service includes timely, relevant information for the current trading day and comprehensive industry, sector, and insider trading reports for further analysis.

Open a New Account, or Login if you're a client.

  • Mar 24, 2024

      Show headlines and story abstract

    • 7:24PM ET on Sunday Mar 24, 2024 by Dow Jones
      Companies Mentioned: SMSMY

      2324 GMT - Scrap metal recycler Sims's U.K. metals business is likely to fetch a higher price than its A$243 million book value, UBS analyst Lee Power says in a note. Sims said in November that it will consider selling its U.K. metals business following expressions of interest from potential buyers. The U.K. unit comprises 28 facilities and four shredders that process more than 1.4 million metric tons of scrap metal a year. "We continue to expect the U.K. metals business to be sold as part of a strategic review," says UBS, which upgrades Sims to buy from neutral. (david.winning@wsj.com; @dwinningWSJ)

    • 7:19PM ET on Sunday Mar 24, 2024 by Dow Jones
      Companies Mentioned: SMSMY

      2319 GMT - Headwinds are turning to tailwinds for scrap metal recycler Sims, says UBS, which upgrades the stock to buy from neutral. In a note, analyst Lee Power says Sims's earnings are set to recover from a tough 1H yet the stock is only trading at 90-95% of its book value. Sims is also likely to get more traction as it shifts away from low-margin dealer-sourced volumes while simultaneously locking in more domestic buyers, UBS says. "In the short term, we believe continued cost-out should provide some support while leadership changes could incentivize performance," UBS says. "The recent run in primary non-ferrous pricing likely also supports earnings with Sims benefiting from a series of acquisitions in recent years." (david.winning@wsj.com; @dwinningWSJ)

    • 6:48PM ET on Sunday Mar 24, 2024 by Dow Jones
      Companies Mentioned: SMSMY

Peers Headlines