Seabridge Gold, Inc (NYSE: SA) is 0.18% higher on its value in year-to-date trading and has touched a low of $10.14 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 $10.86 in the last trading session, with the day’s gains setting it 0.57%.
Currently trading at $11.43, the stock is -2.64% and -3.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing 5.25% at the moment leaves the stock -23.04% off its SMA200. SA registered -8.19% loss for a year compared to 6-month loss of -30.60%.
The stock witnessed a -9.79% gain in the last 1 month and extending the period to 3 months gives it a -18.53%, and is 6.92% 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 6.36% over the week and 4.92% over the month.
Seabridge Gold, Inc (SA) has around 51 employees, a market worth around $1.13B and $0.00M in sales. Distance from 52-week low is 12.72% and -44.38% 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 108.06% this year
The shares outstanding are 90.39M, and float is at 83.78M with Short Float at 3.59%.
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 5.1394 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 4.2287 of the shares outstanding. The other top investors are KOPERNIK GLOBAL INVESTORS, LLC which holds 3.25 million shares representing 3.702 and valued at over $44.56 million, while TOROSO INVESTMENTS, LLC holds 2.4956 of the shares totaling 2.19 million with a market value of $30.04 million.
