Shares of Seabridge Gold Inc (NYSE:SA) (TSE:SEA) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $13.10 and traded as high as $14.61. Seabridge Gold shares last traded at $14.37, with a volume of 19,406 shares traded.

SA has been the subject of a number of research reports. ValuEngine cut shares of Seabridge Gold from a “buy” rating to a “hold” rating in a research note on Friday, September 6th. Canaccord Genuity reissued a “buy” rating on shares of Seabridge Gold in a research note on Friday, July 19th. Zacks Investment Research raised shares of Seabridge Gold from a “sell” rating to a “hold” rating in a research note on Thursday, August 15th. Finally, B. Riley boosted their target price on shares of Seabridge Gold from $24.60 to $25.40 and gave the stock a “buy” rating in a research note on Monday, September 9th.

The firm has a market cap of $917.57 million, a PE ratio of -56.00 and a beta of -0.02. The business’s 50 day moving average price is $14.51 and its 200 day moving average price is $13.10.

Seabridge Gold (NYSE:SA) (TSE:SEA) last released its earnings results on Tuesday, August 13th. The basic materials company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.01. On average, analysts predict that Seabridge Gold Inc will post -0.07 EPS for the current year.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Confluence Investment Management LLC grew its stake in Seabridge Gold by 6.5% during the 2nd quarter. Confluence Investment Management LLC now owns 12,984 shares of the basic materials company’s stock valued at $176,000 after acquiring an additional 795 shares in the last quarter. First Republic Investment Management Inc. boosted its holdings in Seabridge Gold by 0.6% in the 2nd quarter. First Republic Investment Management Inc. now owns 159,095 shares of the basic materials company’s stock valued at $2,153,000 after purchasing an additional 1,000 shares during the last quarter. Swiss National Bank boosted its holdings in Seabridge Gold by 2.8% in the 2nd quarter. Swiss National Bank now owns 78,100 shares of the basic materials company’s stock valued at $1,056,000 after purchasing an additional 2,100 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its holdings in Seabridge Gold by 5.6% in the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 72,306 shares of the basic materials company’s stock valued at $977,000 after purchasing an additional 3,831 shares during the last quarter. Finally, RB Capital Management LLC boosted its holdings in Seabridge Gold by 4.8% in the 2nd quarter. RB Capital Management LLC now owns 88,359 shares of the basic materials company’s stock valued at $1,195,000 after purchasing an additional 4,070 shares during the last quarter. 23.84% of the stock is owned by institutional investors.

About Seabridge Gold (NYSE:SA)

Seabridge Gold Inc, a development stage company, together with its subsidiaries, engages in the acquisition and exploration of gold properties located in North America. The company also explores for copper and silver ores. It holds a 100% interest in various North American gold resource projects. The company's principal assets are the Kerr-Sulphurets-Mitchell and Iskut properties located near Stewart, British Columbia, Canada, as well as the Courageous Lake gold project located in Canada's Northwest Territories.

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