Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $31.2 in the prior trading day, Seabridge Gold, Inc (NYSE: SA) closed at $31.13, down -0.22%. In other words, the price has decreased by -$0.22 from its previous closing price. On the day, 0.87 million shares were traded. SA stock price reached its highest trading level at $31.76 during the session, while it also had its lowest trading level at $30.7.
Ratios:
Our goal is to gain a better understanding of SA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.99 and its Current Ratio is at 2.99. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.55.
Upgrades & Downgrades
In the most recent recommendation for this company, RBC Capital Mkts on September 18, 2023, initiated with a Outperform rating and assigned the stock a target price of $25.
On April 30, 2019, B. Riley FBR started tracking the stock assigning a Buy rating and target price of $22.
Singular Research reiterated its Buy rating for the stock on August 19, 2014, while the target price for the stock was revised from $10.15 to $14.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SA now has a Market Capitalization of 3248313600 and an Enterprise Value of 3721464576.
Stock Price History:
The Beta on a monthly basis for SA is 0.81, which has changed by 1.5892117 over the last 52 weeks, in comparison to a change of 0.1726681 over the same period for the S&P500. Over the past 52 weeks, SA has reached a high of $32.52, while it has fallen to a 52-week low of $9.40. The 50-Day Moving Average of the stock is 12.31%, while the 200-Day Moving Average is calculated to be 61.71%.
Shares Statistics:
The stock has traded on average 1.05M shares per day over the past 3-months and 1124660 shares per day over the last 10 days, according to various share statistics. A total of 103.84M shares are outstanding, with a floating share count of 85.55M. Insiders hold about 18.01% of the company’s shares, while institutions hold 45.34% stake in the company. Shares short for SA as of 1767139200 were 4911030 with a Short Ratio of 4.66, compared to 1764288000 on 5964161. Therefore, it implies a Short% of Shares Outstanding of 4911030 and a Short% of Float of 4.79.
