Bullboard - Stock Discussion Forum Seabridge Gold Inc T.SEA

Alternate Symbol(s): SA

Metals & Mining Gold

Seabridge Gold Inc. is engaged in acquiring, exploring, and advancing mineral properties, with an emphasis on gold resources, located in Canada and the United States. The Company holds a 100% interest in several North American gold projects. Its principal assets, the KSM project, and its Iskut project, are located in Northwest British Columbia, Canada's Golden Triangle, the Courageous Lake... see more

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Seabridge Gold Inc > Oh B.Riley, man what are you doing?

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Post by Paray99 on Nov 09, 2022 10:43am

Oh B.Riley, man what are you doing?

B. Riley lowers Seabridge price target to $57 from $105. What kind of idiot is this?

I can understand SEA having a fair value of $25-$30 at the moment. But where did this guy get the valuation of $107 before and now cut it to $57? What a joke.

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Comment by cskhurasu on Nov 10, 2022 3:49pm

B.Riley develops their models and publishes the results accordingly. They had predicted a $2500 gold price and all their gold company models reflected that price. They have now reduced their gold target to $2000 and all their target prices for gold companies were reduced accordingly. You need to read their reports to appreciate the amount of work they do to create their models. Based on their ...more

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Seabridge Gold Inc