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A report released today by National Bank Financial about Seabridge Gold (TSE:SEA) lowers the target price to $15.50

Seabridge Gold (TSE:SEA) had its target price lowered to $15.50 by National Bank Financial in a report released 10/07/2016. The new target price indicates a possible upside of 0.13% based on the company's last stock close price.

Previously on Friday July 17, 2015, Canaccord Genuity reported about Seabridge Gold (TSE:SEA) lowered the target price from $17.00 to $16.00. At the time, this indicated a possible upside of 1.39%.

Yesterday Seabridge Gold (TSE:SEA) traded 0.97% higher at $13.74. The company’s 50-day moving average is $14.84 and its 200-day moving average is $16.61. The last stock close price is down -18.38% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 116,734 shares of the stock were exchanged, up from an average trading volume of 91,652

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Seabridge Gold (TSE:SEA)

Seabridge Gold has a 52 week low of $7.99 and a 52 week high of $20.71 The company’s market cap is currently $0.

In addition to National Bank Financial reporting its target price, a total of 1 firm has issued a report on the stock. The consensus target price is $11.64 with 1 firm rating the stock a strong buy, 1 firm rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Seabridge Gold (TSE:SEA)

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. The KSM Project is located within the Iskut-Stikine region of British Columbia, approximately 21 kilometers south-southeast of the former Eskay Creek Mine and approximately 68 kilometers northwest of Stewart, British Columbia. The KSM project consists of two distinct zones (Kerr and Sulphurets). The KSM property consists of over three discontinuous claim blocks. These claim blocks are referred to as the KSM claim group; the Seabee/Tina claims, and the KSM placer claim block. The Courageous Lake gold project consists of mining leases located in Northwest Territories of Canada.

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