Sutter Gold Mining (CVE:SGM) Stock Lifted to Moderate Buy by ATB Cormark Capital Markets

ATB Cormark Capital Markets upgraded shares of Sutter Gold Mining (CVE:SGM) from a hold rating to a moderate buy rating in a research report report published on Thursday morning,Zacks reports.

Separately, BMO Capital Markets lowered shares of Sutter Gold Mining from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Sutter Gold Mining currently has a consensus rating of “Buy”.

Sutter Gold Mining Trading Up ?

CVE:SGM opened at C$0.01 on Thursday. The company has a market cap of C$1.25 million and a P/E ratio of -0.22. Sutter Gold Mining has a twelve month low of C$0.01 and a twelve month high of C$0.03. The company’s 50-day moving average price is C$0.01 and its 200-day moving average price is C$0.01.

Sutter Gold Mining Company Profile

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. Sutter Gold Mining Inc is headquartered in Lakewood, Colorado.