Sutter Gold Mining (CVE:SGM) Upgraded 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 to clients and investors on Thursday, Zacks reports.

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

Sutter Gold Mining Price Performance

Sutter Gold Mining stock opened at C$0.01 on Thursday. Sutter Gold Mining has a fifty-two week low of C$0.01 and a fifty-two week high of C$0.03. The firm’s 50 day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01. The company has a market cap of C$1.25 million and a P/E ratio of -0.22.

About Sutter Gold Mining

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.