Seabridge Gold Inc (SEA) to Post FY2016 Earnings of ($0.17) Per Share, National Bank Financial Forecasts
Seabridge Gold Inc (TSE:SEA) – Equities research analysts at National Bank Financial reduced their FY2016 earnings per share (EPS) estimates for shares of Seabridge Gold in a report issued on Monday. National Bank Financial analyst R. Ray now anticipates that the firm will earn ($0.17) per share for the year, down from their previous forecast of ($0.13). National Bank Financial currently has a “Sector Perform” rating and a $15.50 price target on the stock. National Bank Financial also issued estimates for Seabridge Gold’s FY2017 earnings at ($0.17) EPS.
Seabridge Gold (TSE:SEA) traded up 1.88% during trading on Wednesday, hitting $14.12. 44,006 shares of the stock traded hands. The stock’s market cap is $764.43 million. Seabridge Gold has a one year low of $7.99 and a one year high of $20.71. The company has a 50-day moving average price of $14.61 and a 200 day moving average price of $16.65.
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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