B.Riley FBR analyst Adam Graf maintained a Buy rating on Seabridge Gold (NYSE:SA) on Tuesday, setting a price target of $41, which is approximately 105.00% above the present share price of $20.
Graf expects Seabridge Gold to post earnings per share (EPS) of -$0.05 for the third quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Seabridge Gold, with an average price target of $31.8.
The analysts price targets range from a high of $42 to a low of $21.6.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $0 and a net profit of -$3.87 million. The company's market cap is $1.28 billion.
According to TipRanks.com, B.Riley FBR analyst Adam Graf is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 18.7% and a 68.52% success rate.
Seabridge Gold Inc. engages in the acquisition and development of gold properties. Its objective is to provide its shareholders with exceptional leverage to a rising gold price. It focuses on the KSM, Courageous Lake, Iskut, Snowstorm, non-core assets, and building trust projects. The company was founded by James S. Anthony and Rudi P. Fronk on September 14, 1979 and is headquartered in Toronto, Canada.