Sutter Gold Mining (CVE:SGM) Raised to “Moderate Buy” at ATB Cormark Capital Markets

Sutter Gold Mining (CVE:SGM) was upgraded by analysts at ATB Cormark Capital Markets from a “hold” rating to a “moderate buy” rating in a research report issued on Thursday, Zacks reports.

Separately, BMO Capital Markets cut shares of Sutter Gold Mining from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Sutter Gold Mining Trading Up ∞

Sutter Gold Mining stock opened at C$0.01 on Thursday. The company has a market capitalization of C$1.25 million and a P/E ratio of -0.22. The firm’s fifty day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01. Sutter Gold Mining has a 1-year low of C$0.01 and a 1-year high of C$0.03.

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.