Seabridge Gold (NYSE:SA) Stock Price Down 7.1% – Here’s Why

Posted by Geri Gentry on Jun 24th, 2026

Seabridge Gold, Inc. (NYSE:SA – Get Free Report) (TSE:SEA) was down 7.1% on Wednesday . The company traded as low as $25.24 and last traded at $25.1450. 200,604 shares were traded during trading, a decline of 81% from the average daily volume of 1,050,038 shares. The stock had previously closed at $27.06.

Analyst Ratings Changes

Several brokerages have weighed in on SA. Zacks Research cut Seabridge Gold from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 14th. Weiss Ratings restated a “sell (d-)” rating on shares of Seabridge Gold in a report on Friday, March 27th. Finally, Wall Street Zen upgraded shares of Seabridge Gold from a “strong sell” rating to a “sell” rating in a report on Saturday, May 9th. One research analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $65.00.

Read Our Latest Stock Analysis on Seabridge Gold

Seabridge Gold Stock Performance

The company has a debt-to-equity ratio of 0.46, a current ratio of 6.71 and a quick ratio of 6.71. The company has a market cap of $2.65 billion, a PE ratio of -50.81 and a beta of 0.89. The business has a fifty day simple moving average of $30.46 and a two-hundred day simple moving average of $31.06.

Seabridge Gold (NYSE:SA – Get Free Report) (TSE:SEA) last announced its quarterly earnings results on Wednesday, May 13th. The basic materials company reported ($0.04) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.04). Research analysts anticipate that Seabridge Gold, Inc. will post -0.17 earnings per share for the current year.

Hedge Funds Weigh In On Seabridge Gold

A number of large investors have recently added to or reduced their stakes in the company. Baird Financial Group Inc. purchased a new stake in Seabridge Gold in the first quarter valued at about $122,000. Royal Bank of Canada grew its stake in shares of Seabridge Gold by 125.3% during the first quarter. Royal Bank of Canada now owns 46,327 shares of the basic materials company’s stock worth $541,000 after acquiring an additional 25,769 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Seabridge Gold by 9.8% during the second quarter. Geode Capital Management LLC now owns 44,686 shares of the basic materials company’s stock valued at $652,000 after acquiring an additional 3,982 shares in the last quarter. Marshall Wace LLP raised its position in shares of Seabridge Gold by 11.4% in the 2nd quarter. Marshall Wace LLP now owns 541,886 shares of the basic materials company’s stock valued at $7,868,000 after purchasing an additional 55,262 shares during the last quarter. Finally, Nebula Research & Development LLC raised its position in shares of Seabridge Gold by 36.4% in the 2nd quarter. Nebula Research & Development LLC now owns 27,657 shares of the basic materials company’s stock valued at $402,000 after purchasing an additional 7,374 shares during the last quarter. 34.85% of the stock is currently owned by institutional investors.

About Seabridge Gold

(Get Free Report)

Seabridge Gold Inc, together with its subsidiaries, engages in the acquisition and exploration of gold properties in North America. The company also explores for gold, copper, silver, and molybdenum deposits. The company was formerly known as Seabridge Resources Inc and changed its name to Seabridge Gold Inc in June 2002. Seabridge Gold Inc was incorporated in 1979 and is based in Toronto, Canada.