On a relative basis, the stock has outperformed the S&P 500 by 7.97% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.74% in the last 1 week, and is up 9.72% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 162.59% from its 1 Year high price. On Jul 6, 2016, the shares registered one year high at $15.88 and the one year low was seen on Jul 24, 2015. The 50-Day Moving Average price is $13.70 and the 200 Day Moving Average price is recorded at $11.19.
The stock has recorded a 20-day Moving Average of 5.86% and the 50-Day Moving Average is 10.26%.
Seabridge Gold (NYSE:SA): stock turned positive on Friday. Though the stock opened at $14.8, the bulls momentum made the stock top out at $15.07 level for the day. The stock recorded a low of $14.4 and closed the trading day at $15.02, in the green by 2.18%. The total traded volume for the day was 790,749. The stock had closed at $14.7 in the previous days trading.
Seabridge Gold Inc. (Seabridge) is a development stage company engaged in the acquisition and exploration of gold properties located in North America. The Companys objective is to provide its shareholders with leverage to a rising gold price. Seabridges principal projects include the KSM (Kerr-Sulphurets-Mitchell) property located in British Columbia and the Courageous Lake property located in the Northwest Territories. The KSM property consists of three discontinuous claim blocks, which include the KSM claim group, the Seabee/Tina claims and the KSM placer claim block. The first two claim blocks (KSM and Seabee/Tina) contain two mineral leases and 71 mineral claims, consisting of both cell and legacy claims. The total area of the first two claim blocks is 50,500 hectares. The Courageous Lake Project is a gold project and consists of 61 federal mining leases, 26 federal mining claims and one optioned federal mining lease (Red 25) having a combined area of 124,189.9 acres.