SA Stock Summary and Trading Ideas (Seabridge Gold Ordinary Shares (Canada) | NYSE:SA)

Seabridge Gold Inc is a development stage company involved in the exploration, and development of gold properties sited in North America. The company's principal projects include the Kerr-Sulphurets-Mitchell property located in British Columbia, the Courageous Lake property located in the Northwest Territories, and Iksut Property located in northwestern British Columbia, and the 3 Aces Project in southeast Yukon. The company has various other mineral resource projects throughout North America.

Seabridge Gold Ordinary Shares (Canada) trades on the NYSE stock market under the symbol SA.

As of April 18, 2024, SA stock price declined to $15.10 with 479,703 million shares trading.

SA has a beta of 0.65, meaning it tends to be less sensitive to market movements. SA has a correlation of 0.03 to the broad based SPY ETF.

SA has a market cap of $1.27 billion. This is considered a Small Cap stock.

In the last 3 years, SA stock traded as high as $22.22 and as low as $9.31.

The top ETF exchange traded funds that SA belongs to (by Net Assets): GDXJ, SGDJ, GOEX.

SA has underperformed the market in the last year with a price return of +12.7% while the SPY ETF gained +22.3%. However, in the short term, SA had mixed performance relative to the market. It has outperformed in the last 3 months, returning +41.4% vs +6.1% return in SPY. But in the last 2 weeks, SA shares have been beat by the market, returning -9.3% compared to an SPY return of -3.8%.

SA support price is $14.95 and resistance is $15.99 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SA stock will trade within this expected range on the day.