Sutter Gold Mining (CVE:SGM) Stock Rating Cut to Hold at BMO Capital Markets

Sutter Gold Mining (CVE:SGM) was downgraded by stock analysts at BMO Capital Markets from a “strong-buy” rating to a “hold” rating in a research note issued on Thursday, Zacks reports.

Sutter Gold Mining Price Performance

CVE:SGM opened at C$0.01 on Thursday. Sutter Gold Mining has a one year low of C$0.01 and a one year high of C$0.03. The company has a fifty day moving average price of C$0.01 and a 200 day moving average price of C$0.01. The stock has a market cap of C$1.25 million and a P/E ratio of -0.22.

Sutter Gold Mining Company Profile

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.