Cormark Decreases Earnings Estimates for Sutter Gold Mining

Sutter Gold Mining Inc (CVE:SGMFree Report) – Equities researchers at Cormark reduced their Q4 2024 earnings estimates for Sutter Gold Mining in a research report issued on Tuesday, February 25th. Cormark analyst S. Gill now expects that the company will earn $0.08 per share for the quarter, down from their previous estimate of $0.14. Cormark also issued estimates for Sutter Gold Mining’s Q1 2025 earnings at $0.20 EPS, Q2 2025 earnings at $0.21 EPS, Q3 2025 earnings at $0.28 EPS, Q4 2025 earnings at $0.44 EPS and FY2025 earnings at $1.13 EPS.

Sutter Gold Mining Stock Up ?

Shares of CVE SGM opened at C$0.01 on Wednesday. The stock has a market capitalization of C$1.25 million and a PE ratio of -0.22. The firm has a fifty day moving average of C$0.01 and a 200-day moving average of C$0.01. Sutter Gold Mining has a 52-week low of C$0.01 and a 52-week high of C$0.03.

Sutter Gold Mining Company Profile

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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.

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