Seabridge Gold Inc (TSE:SEA) Forecasted to Earn FY2021 Earnings of ($0.02) Per Share

Seabridge Gold Inc (TSE:SEA) (NYSE:SA) – Equities researchers at B. Riley issued their FY2021 earnings per share (EPS) estimates for Seabridge Gold in a note issued to investors on Monday, October 21st. B. Riley analyst A. Graf anticipates that the company will earn ($0.02) per share for the year.

Seabridge Gold (TSE:SEA) (NYSE:SA) last released its quarterly earnings data on Tuesday, August 13th. The company reported C($0.03) EPS for the quarter, topping analysts’ consensus estimates of C($0.04) by C$0.01.

Separately, Canaccord Genuity increased their price objective on Seabridge Gold from C$28.50 to C$29.00 in a report on Friday, July 19th.

TSE:SEA opened at C$16.46 on Wednesday. The stock’s 50 day moving average price is C$17.55 and its 200 day moving average price is C$17.28. Seabridge Gold has a 52 week low of C$14.74 and a 52 week high of C$21.98. The company has a market capitalization of $992.85 million and a P/E ratio of -76.20. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.70 and a current ratio of 2.83.

In related news, insider Gloria M. Trujillo sold 2,459 shares of the stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of C$20.00, for a total value of C$49,180.00. Following the transaction, the insider now owns 28,852 shares in the company, valued at C$577,040. Insiders sold 3,459 shares of company stock worth $69,495 in the last 90 days.

Seabridge Gold Company Profile

Seabridge Gold Inc, a development stage company, together with its subsidiaries, engages in the acquisition and exploration of gold properties located in North America. The company also explores for copper and silver ores. It holds a 100% interest in various North American gold resource projects. The company's principal assets are the Kerr-Sulphurets-Mitchell and Iskut properties located near Stewart, British Columbia, Canada, as well as the Courageous Lake gold project located in Canada's Northwest Territories.

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