Sutter Gold Mining (CVE:SGM) Cut to Hold at ATB Cormark Capital Markets

ATB Cormark Capital Markets cut shares of Sutter Gold Mining (CVE:SGM) from a moderate buy rating to a hold rating in a report issued on Friday,Zacks reports.

Separately, BMO Capital Markets cut shares of Sutter Gold Mining from a “strong-buy” rating to a “hold” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Sutter Gold Mining presently has an average rating of “Moderate Buy”.

Sutter Gold Mining Trading Up ∞

Shares of CVE SGM opened at C$0.01 on Friday. The stock has a market cap of C$1.25 million and a P/E ratio of -0.22. Sutter Gold Mining has a twelve month low of C$0.01 and a twelve month high of C$0.03. The stock has a 50 day moving average of C$0.01 and a two-hundred day moving average of C$0.01.

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.