Seabridge Gold Inc (SEA) Forecasted to Post FY2016 Earnings of ($0.17) Per Share
Seabridge Gold Inc (TSE:SEA) – Equities research analysts at National Bank Financial lowered their FY2016 earnings estimates for Seabridge Gold in a report issued on Monday. National Bank Financial analyst R. Ray now expects that the firm will post earnings per share of ($0.17) for the year, down from their previous estimate of ($0.13). National Bank Financial currently has a “Sector Perform” rating and a $15.50 target price on the stock. National Bank Financial also issued estimates for Seabridge Gold’s FY2017 earnings at ($0.17) EPS.
Shares of Seabridge Gold (TSE:SEA) opened at 14.08 on Wednesday. The company’s market cap is $762.26 million. Seabridge Gold has a one year low of $7.99 and a one year high of $20.71. The stock’s 50 day moving average is $14.57 and its 200-day moving average is $16.61.
About Seabridge Gold
Seabridge Gold Inc (Seabridge) is a development-stage company engaged in the acquisition and exploration of gold properties located in North America. The Company is focused on acquiring, exploring and developing gold deposits. The Company 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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