Cormark Decreases Earnings Estimates for Sutter Gold Mining

Sutter Gold Mining Inc (CVE:SGMFree Report) – Equities researchers at Cormark decreased their FY2024 EPS estimates for shares of Sutter Gold Mining in a research report issued to clients and investors on Monday, November 18th. Cormark analyst M. Whale now anticipates that the company will earn ($0.16) per share for the year, down from their prior estimate of $0.07. Cormark also issued estimates for Sutter Gold Mining’s Q1 2025 earnings at $0.26 EPS, Q2 2025 earnings at $0.26 EPS and Q4 2025 earnings at $0.51 EPS.

Sutter Gold Mining Price Performance

CVE:SGM opened at C$0.01 on Thursday. The firm 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 200-day simple moving average of C$0.01. Sutter Gold Mining has a 1-year low of C$0.01 and a 1-year high of C$0.03.

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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