April 27 (Reuters) - Diversified miner Sherritt International’s first-quarter profit more than doubled, helped by higher prices of nickel, coal and oil.
Net income rose to C$63.6 million ($66.8 million), or 22 Canadian cents a share, compared with C$29.4 million, or 10 Canadian cents a share, a year ago.
First-quarter profit includes an unrealized foreign exchange loss, after tax, of 1 Canadian cent a share, the company said.
Revenue at the company, which owns assets spread across Canada, Cuba, Pakistan and other countries, rose 30 percent to C$474.5 million.
Sherritt is involved in nickel, cobalt, coal, oil and gas production. It also owns interests in power generation facilities.
Shares of Toronto-based Sherritt closed at C$7.75 on Tuesday on the Toronto Stock Exchange. ($1 = 0.952 Canadian Dollars) (Reporting by Bhaswati Mukhopadhyay in Bangalore; Editing by Roshni Menon)