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Seabridge Gold (SA) Receives a Buy from RBC Capital

Tipranks - Tipranks - Thu Jun 4, 9:00PM CDT

In a report released yesterday, Harrison Reynolds from RBC Capital maintained a Buy rating on Seabridge Gold, with a price target of $71.00.

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Reynolds covers the Basic Materials sector, focusing on stocks such as OceanaGold, K92 Mining, and Artemis Gold. According to TipRanks, Reynolds has an average return of 18.2% and a 47.37% success rate on recommended stocks.

Currently, the analyst consensus on Seabridge Gold is a Moderate Buy with an average price target of $71.00.

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SA market cap is currently C$5.28B and has a P/E ratio of -74.85.

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SA in relation to earlier this year.

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