Superior Gold Inc (SGI) Receives a Buy from BMO Capital

By Carrie Williams

Shares of Superior Gold Inc (SGIResearch Report) were revisited by a Wall Street analyst on May 14. Analyst Brian Quast from BMO Capital rated Superior Gold Inc (SGIResearch Report) a Buy on May 14, setting a C$1.50 price target.

According to TipRanks.com, Quast is a 4-star analyst with an average return of 5.2% and a 44.0% success rate. Quast covers the Basic Materials sector, focusing on stocks such as Kirkland Lake Gold Ltd, TMAC Resources, and Alio Gold Inc.

Currently, the analyst consensus on Superior Gold Inc is a Moderate Buy with an average price target of C$1.80.

The company has a one-year high of C$1.39 and a one-year low of C$0.44. Currently, Superior Gold Inc has an average volume of 122.8K.

Superior Gold, Inc. engages in the acquisition, exploration, development, and operation of gold resource properties. It owns the Plutonic gold operations. The company was founded on July 4, 2016 and is headquartered in Toronto, Canada.

The company’s shares closed on Wednesday at C$0.66.