Time to Buy Seabridge Gold Inc. (SA) After Today’s Big Increase?

February 13, 2018 - By Kurt Siggers

The stock of Seabridge Gold Inc. (NYSE:SA) is a huge mover today! The stock increased 2.40% or $0.25 during the last trading session, reaching $10.65. About 93,521 shares traded. Seabridge Gold Inc. (NYSE:SA) has declined 18.80% since February 13, 2017 and is downtrending. It has underperformed by 35.50% the S&P500.
The move comes after 6 months positive chart setup for the $609.97M company. It was reported on Feb, 13 by Barchart.com. We have $11.29 PT which if reached, will make NYSE:SA worth $36.60M more.

More notable recent Seabridge Gold Inc. (NYSE:SA) news were published by: Globenewswire.com which released: “Seabridge Gold’s Growing Iron Cap Deposit Could Offer Promising Alternative …” on January 31, 2018, also Seekingalpha.com with their article: “Top Gold Stocks To Buy And Forget About: Seabridge Gold” published on October 24, 2017, Seekingalpha.com published: “Seabridge Gold: Positive Developments On Several Fronts” on January 15, 2018. More interesting news about Seabridge Gold Inc. (NYSE:SA) were released by: Mining.com and their article: “Seabridge dealing with damages from previous mining activities in northern BC” published on February 12, 2018 as well as Globenewswire.com‘s news article titled: “Seabridge Gold Increases Estimated Gold/Copper Resource at Iron Cap” with publication date: February 13, 2018.

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 has market cap of $609.97 million. It also explores for copper and silver ores. It currently has negative earnings. The Company’s principal projects include the Kerr-Sulphurets-Mitchell property located in the Iskut-Stikine region of British Columbia; Iskut project located in the Golden Triangle Area of northwestern British Columbia; and the Courageous Lake project located in Northwest Territories, Canada.

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