It was a tough day for Seabridge Gold Inc. (SEA:CA) as its stock fell 5.58% to finish the day at $16.24 a share on October 11. That reduces the company’s market cap to 1.02 billion on 63.15 million outstanding shares. Seabridge Gold Inc. is a component of the the S&P/TSX SmallCap Index.
107,067 shares exchanged hands over the course of the day as compared with an average daily volume of n/a over the last 30 days.
Seabridge Gold Inc is a development stage company. It is involved in the evaluation, acquisition, 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 its newly acquired Iksut Property located in northwestern British Columbia. It has various other mineral resource projects throughout North America.. Seabridge Gold Inc. makes its home in Toronto, ON, and currently has CEO Rudi P. Fronk at the helm.
The past 52 weeks have seen the stock trade in a range between a high of $21.98 and a low of $14.74, and it’s currently sporting a 50-day SMA of $n/a and a 200-day SMA of $n/a. The current P/E ratio stands at n/a, with a P/B ratio of 2.62.
Seabridge Gold Inc. ($SEA:CA) is one of the 200 Canadian small-cap stocks that make up the S&P500/TSX SmallCap Index, the widely recognized benchmark for gauging the performance of the Canadian small-cap market. Similar to the Russell 2000 in the United States, the index is market cap-weighted and consists only of smaller companies. To be a part of the index, a company must have a market capitalization between C$100 million and C$1.5 billion with an average share price of C$1 or more.
