Superior Gold Inc. (SGI.V) (CVE:SGI) had its target price reduced by Cormark from C$1.15 to C$1.00 in a report published on Thursday, BayStreet.CA reports. Cormark also issued estimates for Superior Gold Inc. (SGI.V)’s Q4 2020 earnings at $0.00 EPS, FY2021 earnings at $0.21 EPS and FY2022 earnings at $0.37 EPS.
A number of other brokerages have also recently weighed in on SGI. Laurentian dropped their price target on Superior Gold Inc. (SGI.V) from C$1.75 to C$1.25 in a research note on Thursday. BMO Capital Markets lifted their price target on Superior Gold Inc. (SGI.V) from C$1.00 to C$1.50 in a research note on Wednesday, July 22nd. Haywood Securities lowered their target price on Superior Gold Inc. (SGI.V) from C$1.20 to C$1.10 in a research note on Thursday. Finally, Pi Financial set a C$1.10 target price on Superior Gold Inc. (SGI.V) and gave the company a neutral rating in a research note on Wednesday.
Shares of SGI opened at C$0.60 on Thursday. The business’s 50-day moving average price is C$0.72 and its 200 day moving average price is C$0.75. The stock has a market capitalization of $68.48 million and a P/E ratio of -4.96. Superior Gold Inc. has a 1-year low of C$0.33 and a 1-year high of C$1.53. The company has a current ratio of 0.75, a quick ratio of 0.51 and a debt-to-equity ratio of 33.84.
Superior Gold Inc. (SGI.V) Company Profile
Superior Gold Inc acquires, explores, develops, and operates gold resource properties. Its principal asset is the Plutonic gold mine that is located approximately 800km north east of Perth, Western Australia. The company was formerly known as 2525908 Ontario Inc and changed its name to Superior Gold Inc December 2016.
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