Seabridge Gold Inc (SEA) Forecasted to Earn FY2016 Earnings of ($0.17) Per Share

Seabridge Gold Inc (TSE:SEA) – Equities researchers at National Bank Financial reduced their FY2016 EPS estimates for shares of Seabridge Gold in a research 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 prior forecast of ($0.13). National Bank Financial currently has a “Sector Perform” rating and a $15.50 target price on the stock. National Bank Financial also issued estimates for Seabridge Gold’s FY2017 earnings at ($0.17) EPS.

Seabridge Gold (TSE:SEA) opened at 14.20 on Wednesday. Seabridge Gold has a one year low of $7.99 and a one year high of $20.71. The stock’s 50 day moving average price is $14.57 and its 200-day moving average price is $16.63. The stock’s market cap is $768.76 million.

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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