Balance Sheet Insights: Seabridge Gold, Inc (SA)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

In the latest session, Seabridge Gold, Inc (NYSE: SA) closed at $11.30 down -7.22% from its previous closing price of $12.18. In other words, the price has decreased by -$7.22 from its previous closing price. On the day, 1.09 million shares were traded.

Ratios:

For a deeper understanding of Seabridge Gold, Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.28 and its Current Ratio is at 2.28. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.59.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. 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.

Stock Price History:

Over the past 52 weeks, SA has reached a high of $20.55, while it has fallen to a 52-week low of $10.87. The 50-Day Moving Average of the stock is -7.91%, while the 200-Day Moving Average is calculated to be -24.86%.

Shares Statistics:

A total of 90.39M shares are outstanding, with a floating share count of 83.69M. Insiders hold about 14.99% of the company’s shares, while institutions hold 33.97% stake in the company.

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