Seabridge Gold (NYSE:SA) Releases Earnings Results

Seabridge Gold (NYSE:SA - Get Free Report) and TSE: SEA announced its quarterly earnings results on Thursday. The basic materials company reported an earnings per share (EPS) of ($0.32) for the quarter, according to reports from Zacks.

Seabridge Gold Stock Performance

As of Friday, shares of Seabridge Gold opened at $11.80. Over the past fifty-two weeks, the stock has reached a low of $10.14 and a high of $20.55. Currently, the company's debt-to-equity ratio stands at 0.59, demonstrating a healthy balance sheet. The quick ratio and current ratio both are reported at 2.28, indicating strong liquidity. Seabridge Gold has a market capitalization of approximately $1.18 billion and a price-to-earnings ratio of -47.21. The stock has a beta of 1.00, suggesting it moves in line with the market averages. The fifty-day simple moving average for the stock is $11.84, while the two-hundred-day simple moving average is $14.01.

About Seabridge Gold

Seabridge Gold Inc, along with its subsidiaries, focuses on the acquisition and exploration of gold properties within North America. The company's interests also include exploring deposits of gold, copper, silver, and molybdenum. Originally named Seabridge Resources Inc, the company adopted its current name, Seabridge Gold Inc, in June 2002.

Investment Insights

Before considering an investment in Seabridge Gold, potential investors are encouraged to conduct thorough research. Currently, analysts rate the stock as a Hold. However, there are several other stocks that analysts believe may offer better investment opportunities at this time.

Earnings, Stocks, Companies