Seabridge Gold (NYSE:SA) Sets New 52-Week High – Here’s Why

Posted by Geri Gentry on Aug 28th, 2026

Seabridge Gold, Inc. (NYSE:SA – Get Free Report) (TSE:SEA) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $35.12 and last traded at $35.0520, with a volume of 955293 shares. The stock had previously closed at $33.03.

Analysts Set New Price Targets

Several brokerages have weighed in on SA. B. Riley Financial assumed coverage on Seabridge Gold in a report on Monday, August 3rd. They issued a “buy” rating and a $40.00 target price for the company. Wall Street Zen upgraded Seabridge Gold from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Finally, Weiss Ratings upgraded Seabridge Gold from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, August 18th. One investment analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Seabridge Gold presently has a consensus rating of “Reduce” and a consensus price target of $40.00.

Get Our Latest Analysis on SA

Seabridge Gold Stock Performance

The company has a debt-to-equity ratio of 0.46, a quick ratio of 6.71 and a current ratio of 6.71. The stock has a market cap of $3.67 billion, a P/E ratio of -70.50 and a beta of 0.89. The firm’s 50 day moving average is $28.25 and its 200 day moving average is $30.19.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada increased its holdings in shares of Seabridge Gold by 18.3% during the first quarter. Royal Bank of Canada now owns 313,637 shares of the basic materials company’s stock valued at $8,888,000 after acquiring an additional 48,445 shares in the last quarter. PKO Investment Management Joint Stock Co acquired a new stake in Seabridge Gold in the 4th quarter worth approximately $1,336,000. Deutsche Bank AG acquired a new stake in Seabridge Gold in the 2nd quarter worth approximately $12,685,000. Renaissance Technologies LLC purchased a new stake in Seabridge Gold during the 1st quarter worth approximately $8,238,000. Finally, Cibc World Market Inc. purchased a new stake in Seabridge Gold during the 2nd quarter worth approximately $52,690,000. 34.85% of the stock is owned by institutional investors and hedge funds.

Seabridge Gold Company Profile

(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.