Cormark Decreases Earnings Estimates for Sutter Gold Mining

Sutter Gold Mining Inc (CVE:SGMFree Report) – Investment analysts at Cormark lowered their Q4 2024 earnings estimates for Sutter Gold Mining in a research note issued on Monday, November 18th. Cormark analyst M. Whale now anticipates that the company will post earnings of $0.14 per share for the quarter, down from their previous estimate of $0.19. Cormark also issued estimates for Sutter Gold Mining’s Q3 2025 earnings at $0.34 EPS and FY2025 earnings at $1.36 EPS.

Sutter Gold Mining Price Performance

SGM stock opened at C$0.01 on Wednesday. Sutter Gold Mining has a one year low of C$0.01 and a one year high of C$0.03. The stock has a market cap of C$1.25 million and a PE ratio of -0.22. The firm has a 50 day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.01.

About Sutter Gold Mining

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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.

Further Reading

Earnings History and Estimates for Sutter Gold Mining (CVE:SGM)

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