Q4 2017 Earnings Estimate for Superior Gold Inc Issued By Cormark (SGI)

Superior Gold Inc (CVE:SGI) – Equities research analysts at Cormark increased their Q4 2017 earnings per share estimates for shares of Superior Gold in a report issued on Wednesday. Cormark analyst R. Gray now expects that the company will earn $0.04 per share for the quarter, up from their previous estimate of $0.03. Cormark also issued estimates for Superior Gold’s Q3 2018 earnings at $0.05 EPS, Q4 2018 earnings at $0.05 EPS, FY2018 earnings at $0.14 EPS and FY2019 earnings at $0.29 EPS.

Separately, Pi Financial raised their target price on shares of Superior Gold from C$2.60 to C$2.70 and gave the company a “buy” rating in a research note on Thursday, November 23rd.

Superior Gold (SGI) opened at C$1.05 on Thursday. The stock has a market cap of $99.21 and a PE ratio of 52.50. Superior Gold has a one year low of C$0.85 and a one year high of C$1.28.

In other Superior Gold news, Director Rene Louis Joseph Marion bought 100,000 shares of Superior Gold stock in a transaction dated Thursday, December 14th. The shares were bought at an average price of C$1.00 per share, with a total value of C$100,000.00.

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Superior Gold Company Profile

Superior Gold Inc is a Canada-based company engaged in the acquisition, exploration, development and operation of gold resource properties. The Company’s principal asset is the Plutonic Gold Operations, located in Australia. The Plutonic Gold Operations include the Plutonic Gold Mine, which is a producing underground operation with a central mill, the Hermes open pit development project and an interest in the Bryah Basin joint venture (JV).

Earnings History and Estimates for Superior Gold (CVE:SGI)

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