Seabridge Gold (TSE:SEA) Had Its Target Price Downgraded by 11.43 % at National Bank Financial to $15.50

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National Bank of Canada Analyst Rating Change Seabridge Gold TSE:SEA

Seabridge Gold (TSE:SEA) Stock Target Upgraded

In a research report sent to clients and investors by National Bank Financial on Friday, 7 October, Seabridge Gold (TSE:SEA) had its TP downgraded to $15.50. The firm now has “Sector Perform” rating on the stock.

After (TSE:SEA) target lowering, the stock is right now trading 0.97% higher at $13.56 as of 07:46 New York time. Seabridge Gold’s stock is up 20.66% in the last 200 days. It has outperformed the S&P 500, which has surged 6.91% in the same time period.

TSE:SEA Price Chart & Trend

The stock price of Seabridge Gold gained 20.66% over the last 200 days, and is in very strong up trend. In the last 50 and 100 days, Seabridge Gold is down 15.59% and down 23.43%, respectively. Our stocks momentum model is shown on the price chart below.Seabridge Gold (TSE:SEA) Had Its Target Price Downgraded by 11.43 % at National Bank Financial to $15.50

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

SEA Stock Chart

Seabridge Gold (TSE:SEA) Profile

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.

Seabridge Gold (TSE:SEA) traded up 0.97% on 7 October, hitting $13.56. A total of 116,734 shares of the company’s stock traded hands. This is up from average of 96,914 shares. Seabridge Gold has a 52 week low of $7.99 and a 52 week high of $20.71. The company has a market cap of $705.39M and a P/E ratio of 0.

Get the latest Seabridge Gold (TSE:SEA) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

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