Metric Deep Dive: Understanding Seabridge Gold, Inc. (SA) Through its Ratios

In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.

After finishing at $14.63 in the prior trading day, Seabridge Gold, Inc. (NYSE: SA) closed at $15.16, up 3.62%. In other words, the price has increased by $3.62 from its previous closing price. On the day, 0.72 million shares were traded. SA stock price reached its highest trading level at $15.39 during the session, while it also had its lowest trading level at $14.64.

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 2.38 and its Current Ratio is at 2.38. In the meantime, Its Debt-to-Equity ratio is 0.79 whereas as Long-Term Debt/Eq ratio is at 0.79.

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 1316703616 and an Enterprise Value of 1805839232.

Stock Price History:

Over the past 52 weeks, SA has reached a high of $16.71, while it has fallen to a 52-week low of $9.31. The 50-Day Moving Average of the stock is 12.20%, while the 200-Day Moving Average is calculated to be 26.33%.

Shares Statistics:

The stock has traded on average 572.13K shares per day over the past 3-months and 652070 shares per day over the last 10 days, according to various share statistics. A total of 86.11M shares are outstanding, with a floating share count of 69.29M. Insiders hold about 17.03% of the company’s shares, while institutions hold 38.33% stake in the company. Shares short for SA as of 1711584000 were 3640078 with a Short Ratio of 6.36, compared to 1709164800 on 3596659. Therefore, it implies a Short% of Shares Outstanding of 3640078 and a Short% of Float of 4.279999999999999.

Most Popular

[the_ad id="945"]