Seabridge Gold Inc (SEA) PT Lowered to C$15.50 at National Bank Financial
Seabridge Gold Inc (TSE:SEA) had its price target reduced by National Bank Financial from C$17.50 to C$15.50 in a note issued to investors on Friday, StockTargetPrices.com reports. The brokerage currently has a “sector perform” rating on the stock. National Bank Financial’s price objective suggests a potential upside of 15.41% from the company’s current price.
Shares of Seabridge Gold (TSE:SEA) traded up 1.27% during mid-day trading on Friday, hitting $13.60. 111,134 shares of the stock were exchanged. 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. The firm has a 50-day moving average price of $14.84 and a 200 day moving average price of $16.61.
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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