Could Seabridge Gold Inc Recover After Today’s Huge Decline?


The stock of Seabridge Gold Inc (TSE:SEA) is a huge mover today! About 80,573 shares traded hands. Seabridge Gold Inc (TSE:SEA) has risen 49.52% since February 5, 2016 and is uptrending. It has outperformed by 33.03% the S&P500.
The move comes after 8 months negative chart setup for the $834.53 million company. It was reported on Sep, 13 by We have $13.92 PT which if reached, will make TSE:SEA worth $58.42 million less.

Seabridge Gold Inc. is a development-stage firm engaged in the acquisition and exploration of gold properties located in North America. The company has a market cap of $834.53 million. The Firm is focused on acquiring, exploring and developing gold deposits. It currently has negative earnings. The Firm owns over five properties with gold resources and its material properties are its Kerr-Sulphurets-Mitchell (KSM) Project and its Courageous Lake Project.

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