Could Seabridge Gold Inc Crash Even More? The Stock Had Another Big Decline Today

 Could Seabridge Gold Inc Crash Even More? The Stock Had Another Big Decline Today

The stock of Seabridge Gold Inc (TSE:SEA) is a huge mover today! About 60,195 shares traded hands. Seabridge Gold Inc (TSE:SEA) has declined 32.03% since April 8, 2016 and is downtrending. It has underperformed by 37.02% the S&P500.
The move comes after 9 months negative chart setup for the $567.06 million company. It was reported on Nov, 14 by Barchart.com. We have $10.97 PT which if reached, will make TSE:SEA worth $39.69M less.

Seabridge Gold Inc (TSE:SEA) Ratings Coverage

Out of 2 analysts covering Seabridge Gold (TSE:SEA), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. $15.50 is the highest target while $15.50 is the lowest. The $15.50 average target is 31.36% above today’s ($11.8) stock price. Seabridge Gold has been the topic of 2 analyst reports since October 22, 2015 according to StockzIntelligence Inc.

More notable recent Seabridge Gold Inc (TSE:SEA) news were published by: Marketwatch.com which released: “Plus the latest data from Realtor.com on 21 home markets across the US” on June 05, 2009, also Quotes.Wsj.com with their article: “News Seabridge Gold Inc.SA” published on February 11, 2011, Globenewswire.com published: “Seabridge Gold Files KSM Project Technical Report” on November 07, 2016. More interesting news about Seabridge Gold Inc (TSE:SEA) were released by: Seekingalpha.com and their article: “Seabridge Gold: Deep Kerr Falls Short” published on October 18, 2016 as well as Marketwired.com‘s news article titled: “Seabridge Gold Inc. to Acquire SnipGold Corp. by Way of Plan of Arrangement” with publication date: April 19, 2016.

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 $567.06 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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