Seabridge Gold, Inc (NYSE: SA) is 14.37% higher on its value in year-to-date trading and has touched a low of $9.31 and a high of $20.55 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SA stock was last observed hovering at around $12.67 in the last trading session, with the day’s gains setting it 0.38%.
Currently trading at $13.05, the stock is 7.66% and 2.90% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.95 million and changing 3.00% at the moment leaves the stock -14.09% off its SMA200. SA registered 23.35% gain for a year compared to 6-month loss of -14.43%. The firm has a 50-day simple moving average (SMA 50) of $12.7168 and a 200-day simple moving average (SMA200) of $15.2013.
The stock witnessed a 10.78% gain in the last 1 month and extending the period to 3 months gives it a -23.73%, and is 9.21% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.13% over the week and 3.57% over the month.
Seabridge Gold, Inc (SA) has around 51 employees, a market worth around $1.20B and $0.00M in sales. Distance from 52-week low is 40.17% and -36.50% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.93%).
The EPS is expected to grow by 108.49% this year
221.0 institutions hold shares in Seabridge Gold, Inc (SA), with institutional investors hold 52.59% of the company’s shares. The shares outstanding are 90.39M, and float is at 78.17M with Short Float at 3.40%. Institutions hold 51.17% of the Float.
The top institutional shareholder in the company is NATIONAL BANK OF CANADA /FI/ with over 4.52 million shares valued at $60.23 million. The investor’s holdings represent 5.23 of the SA Shares outstanding. As of 2024-06-30, the second largest holder is VAN ECK ASSOCIATES CORP with 3.72 million shares valued at $50.9 million to account for 4.3031 of the shares outstanding. The other top investors are KOPERNIK GLOBAL INVESTORS, LLC which holds 3.25 million shares representing 3.7672 and valued at over $44.56 million, while TOROSO INVESTMENTS, LLC holds 2.5396 of the shares totaling 2.19 million with a market value of $30.04 million.
