Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Seabridge Gold, Inc (NYSE: SA) closed at $15.24 down -9.07% from its previous closing price of $16.76. In other words, the price has decreased by -$9.07 from its previous closing price. On the day, 1.59 million shares were traded. SA stock price reached its highest trading level at $16.08 during the session, while it also had its lowest trading level at $14.95.
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 2.11 and its Current Ratio is at 2.11. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.57.
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.
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 1363775744 and an Enterprise Value of 1772098944. As of this moment, Seabridge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 224.45.
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 $9.31. The 50-Day Moving Average of the stock is -12.24%, while the 200-Day Moving Average is calculated to be 0.33%.
Shares Statistics:
For the past three months, SA has traded an average of 464.50K shares per day and 442300 over the past ten days. A total of 86.11M shares are outstanding, with a floating share count of 75.26M. Insiders hold about 15.90% of the company’s shares, while institutions hold 40.25% stake in the company. Shares short for SA as of 1728950400 were 2686512 with a Short Ratio of 5.78, compared to 1726185600 on 2908335. Therefore, it implies a Short% of Shares Outstanding of 2686512 and a Short% of Float of 3.0700000000000003.
