Sutter Gold Mining (CVE:SGM) Downgraded by BMO Capital Markets to Hold

Sutter Gold Mining (CVE:SGM – Get Free Report) was downgraded by equities researchers at BMO Capital Markets from a “strong-buy” rating to a “hold” rating in a report released on Thursday, Zacks reports.

Sutter Gold Mining Stock Performance

Shares of CVE SGM opened at C$0.01 on Thursday. The stock has a market cap of C$1.25 million and a PE ratio of -0.22. The business has a fifty day moving average of C$0.01 and a two-hundred 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.

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

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