Superior Gold Inc Forecasted to Earn FY2018 Earnings of $0.01 Per Share (SGI)

Superior Gold Inc (CVE:SGI) – Stock analysts at M Partners issued their FY2018 earnings per share (EPS) estimates for shares of Superior Gold in a research report issued to clients and investors on Tuesday, November 6th. M Partners analyst B. Berhe forecasts that the company will post earnings of $0.01 per share for the year. M Partners has a “Buy” rating on the stock. M Partners also issued estimates for Superior Gold’s FY2019 earnings at $0.14 EPS and FY2020 earnings at $0.39 EPS.

Separately, Laurentian set a C$1.75 price target on shares of Superior Gold and gave the company a “buy” rating in a research note on Tuesday, October 23rd.

Superior Gold stock opened at C$0.79 on Thursday. Superior Gold has a 1-year low of C$0.69 and a 1-year high of C$1.62. The company has a debt-to-equity ratio of 13.98, a quick ratio of 1.40 and a current ratio of 2.06.

Superior Gold (CVE:SGI) last posted its quarterly earnings results on Tuesday, August 21st. The company reported C$0.01 earnings per share for the quarter, missing the consensus estimate of C$0.05 by C($0.04). The firm had revenue of C$43.40 million for the quarter.

About Superior Gold

Superior Gold Inc engages in the acquisition, exploration, development, and operation of 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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Earnings History and Estimates for Superior Gold (CVE:SGI)

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