Equities research analysts expect Seabridge Gold Inc (NYSE:SA) (TSE:SEA) to announce earnings per share (EPS) of ($0.05) for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Seabridge Gold’s earnings. Seabridge Gold posted earnings per share of ($0.02) during the same quarter last year, which indicates a negative year over year growth rate of 150%. The firm is scheduled to issue its next earnings results on Thursday, December 6th.

According to Zacks, analysts expect that Seabridge Gold will report full-year earnings of ($0.27) per share for the current financial year. For the next fiscal year, analysts expect that the firm will report earnings of ($0.21) per share. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that follow Seabridge Gold.

Separately, ValuEngine downgraded shares of Seabridge Gold from a “hold” rating to a “sell” rating in a report on Thursday, August 23rd.

Shares of NYSE:SA traded down $0.16 on Friday, hitting $11.73. The company had a trading volume of 374,157 shares, compared to its average volume of 401,583. Seabridge Gold has a 1-year low of $9.80 and a 1-year high of $15.30. The company has a market cap of $696.58 million, a P/E ratio of -83.79 and a beta of 0.25.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Commonwealth Equity Services LLC acquired a new position in Seabridge Gold during the second quarter worth about $127,000. Royal Bank of Canada raised its stake in Seabridge Gold by 87.2% during the first quarter. Royal Bank of Canada now owns 13,468 shares of the basic materials company’s stock worth $146,000 after acquiring an additional 6,275 shares in the last quarter. OLD Mission Capital LLC acquired a new position in Seabridge Gold during the second quarter worth about $150,000. Tower Research Capital LLC TRC raised its stake in Seabridge Gold by 350.6% during the second quarter. Tower Research Capital LLC TRC now owns 17,978 shares of the basic materials company’s stock worth $201,000 after acquiring an additional 13,988 shares in the last quarter. Finally, Mackenzie Financial Corp acquired a new position in Seabridge Gold during the third quarter worth about $203,000. 26.14% of the stock is owned by institutional investors and hedge funds.

About Seabridge Gold

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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