-$0.05 Earnings Per Share Expected for Seabridge Gold Inc (SA) This Quarter
Wall Street brokerages forecast that Seabridge Gold Inc (NYSE:SA) (TSE:SEA) will announce earnings of ($0.05) per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Seabridge Gold’s earnings. Seabridge Gold reported earnings per share of ($0.04) in the same quarter last year, which would suggest a negative year over year growth rate of 25%. The business is expected to issue its next earnings report on Monday, May 13th.
On average, analysts expect that Seabridge Gold will report full-year earnings of ($0.19) per share for the current fiscal year. Zacks’ EPS averages are a mean average based on a survey of analysts that cover Seabridge Gold.
Several research firms have weighed in on SA. Zacks Investment Research upgraded Seabridge Gold from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a research note on Saturday, February 16th. ValuEngine upgraded Seabridge Gold from a “hold” rating to a “buy” rating in a research note on Monday, February 4th.
NYSE:SA traded up $0.01 during trading hours on Tuesday, reaching $11.15. 262,665 shares of the company were exchanged, compared to its average volume of 444,871. Seabridge Gold has a 1-year low of $10.20 and a 1-year high of $15.30.
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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