Seabridge Gold Inc (SEA) Price Target Lowered to C$15.50 at National Bank Financial
Seabridge Gold Inc (TSE:SEA) had its price objective reduced by analysts at National Bank Financial from C$17.50 to C$15.50 in a research report issued on Friday, StockTargetPrices.com reports. The firm currently has a “sector perform” rating on the stock. National Bank Financial’s price target suggests a potential upside of 15.41% from the company’s previous close.
Shares of Seabridge Gold (TSE:SEA) traded up 1.27% during mid-day trading on Friday, hitting $13.60. 111,434 shares of the stock were exchanged. The firm has a 50-day moving average price of $14.84 and a 200 day moving average price of $16.61. Seabridge Gold has a 12-month low of $7.99 and a 12-month high of $20.71. The company’s market capitalization is $736.28 million.
About Seabridge Gold
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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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