News Alert: Seabridge Gold Inc. (NYSE: SA)

On 21 Jan 2020, Seabridge Gold Inc. stock identified change of 25.48% away from 52-week low price and recently located move of -16.98% off 52-week high price. SA stock has been recorded 6.66% away from 50 day moving average and 6.01% away from 200 day moving average. Moving closer, we can see that shares have been trading 3.27% off 20-day moving average.

Seabridge Gold (SA) stated recently that it has filed its Report to Shareholders, Financial Statements and Management’s Discussion and Analysis for the three and nine months ended September 30, 2019.

Recent Highlights

Drill program commences at Snowstorm, Nevada project

New gold-copper porphyry target identified at Iskut

Drill program at KSM targets high-grade gold occurrences near Sulphurets deposit

Acquisition completed of nearby Goldstorm Project in northern Nevada

During the three-month period ended September 30, 2019 Seabridge posted a net loss of $2.5M ($0.04 per share) contrast to a loss of $2.8M ($0.05 per share) for the same period last year. During the 3rd quarter, Seabridge invested $10.8M in mineral interests, contrast to $17.2M during the same period last year. At September 30, 2019, net working capital was $19.1M contrast to $18.0M at December 31, 2018.

The Basic Materials sector company, Seabridge Gold Inc. noticed change of 3.46% to $13.74 along volume of 479614 shares in recent session compared to an average volume of 322.69K. SA’s shares are at 9.74% for the quarter and driving a 10.81% return over the course of the past year and is now at -0.58% since this point in 2018. The average volatility for the week at 3.61% and for month was at 3.65%.

Leave a Reply

Your email address will not be published. Required fields are marked *