Cormark Brokers Lift Earnings Estimates for Sutter Gold Mining Inc (CVE:SGM)
Sutter Gold Mining Inc (CVE:SGM – Free Report) – Investment analysts at Cormark upped their Q1 2024 EPS estimates for Sutter Gold Mining in a research report issued to clients and investors on Tuesday, April 9th. Cormark analyst M. Whale now forecasts that the company will earn $0.01 per share for the quarter, up from their previous forecast of ($0.08). Cormark also issued estimates for Sutter Gold Mining’s Q2 2024 earnings at $0.05 EPS, Q3 2024 earnings at $0.17 EPS, Q4 2024 earnings at $0.23 EPS and FY2024 earnings at $0.48 EPS.
Sutter Gold Mining Price Performance
Shares of CVE SGM opened at C$0.01 on Friday. Sutter Gold Mining has a 12-month low of C$0.01 and a 12-month high of C$0.03. The company has a market capitalization of C$1.25 million and a PE ratio of -0.22. The firm’s 50-day moving average is C$0.01 and its two-hundred day moving average is C$0.01.
About Sutter Gold Mining
Sutter Gold Mining Inc, a resource company, explores for, develops, and produces mineral properties in the United States and Mexico. The company primarily explores for gold deposits. Its primary asset is the Lincoln Mine project that covers 711 acre block of surface and mineral rights located to the southeast of Sacramento, California.
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