TRENDING KEYWORDS
Seabridge Gold (SA, $19.11) reports Q4 loss
Seabridge Gold Inc. reported a loss of -$6.8 million in its fourth quarter.
The Toronto-based company incurred a per-share loss of - 9 cents. Losses, adjusted for non-recurring costs, were -3 cents per share. For the full- year, the company reported profit of $710,000, or 1 cent per share.
Separately, the company announced that it is planning to spend $150 million this year to bring its KSM gold-copper mine project up to “substantially started” status. It intends to match the $150 million 2022 expenditure in 2023 as well.
SA in downward trend: price dove below 50-day moving average on April 25, 2022
SA moved below its 50-day Moving Average on April 25, 2022 date and that indicates a change from an upward trend to a downward trend. In 34 of 49 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are 69%.
Current price $14.14 crossed the support line at $16.36 and is trading between $16.36 support and $10.21 support lines. Throughout the month of 04/13/22 - 05/16/22, the price experienced a -30% Downtrend. During the week of 05/09/22 - 05/16/22, the stock fell -9%.
The Momentum Indicator moved below the 0 level on April 22, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on SA as a result. In 64 of 96 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 67%.
The Moving Average Convergence Divergence Histogram (MACD) for SA turned negative on April 22, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 52 similar instances when the indicator turned negative. In 30 of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at 58%.
The 10-day Moving Average for SA crossed bearishly below the 50-day moving average on May 03, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 67%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SA declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 63%.
The Aroon Indicator for SA entered a downward trend on May 16, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The RSI Indicator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Indicator shows that the ticker has stayed in the oversold zone for 15 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +2.48% 3-day Advance, the price is estimated to grow further. Considering data from situations where SA advanced for three days, in 201 of 259 cases, the price rose further within the following month. The odds of a continued upward trend are 78%.
SA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 48%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.54.
The Tickeron Valuation Rating of 100 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.089) is normal, around the industry mean (20.711). SA's P/E Ratio (2000.000) is considerably higher than the industry average of (81.785). Dividend Yield (0.000) settles around the average of (0.080) among similar stocks. P/S Ratio (0.000) is also within normal values, averaging (156.635).
The Tickeron SMR rating for this company is 98 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is 84 (best 1 - 100 worst), indicating slightly worse than average price growth. SA’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 60 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock slightly better than average.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is 2 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Precious Metals industry is engaged in exploring/mining metals that are considered to be rare and/or have a high economic value. Popular precious metals include gold, platinum and silver - all three of which are largely used in jewelry, art and coinage alongwith having some industrial uses as well. Precious metals used in industrial processes include iridium, (used in specialty alloys), and palladium ( used in electronics and chemical applications). Historically, precious metals have traded at much higher prices than common industrial metals. Newmont Goldcorp Corp, Barrick Gold Corp and Freeport-McMoRan are few of the major precious metals producing companies in the U.S.
The average market capitalization across the Precious Metals Industry is 823.6M. The market cap for tickers in the group ranges from 575 to 51.8B. NEM holds the highest valuation in this group at 51.8B. The lowest valued company is DRIFF at 575.
The average weekly price growth across all stocks in the Precious Metals Industry was -1.37%. For the same Industry, the average monthly price growth was -18.75%, and the average quarterly price growth was -8.13%. GGLXF experienced the highest price growth at 762.48%, while MMTMF experienced the biggest fall at -70.43%.
The average weekly volume growth across all stocks in the Precious Metals Industry was 24.29%. For the same stocks of the Industry, the average monthly volume growth was 19.47% and the average quarterly volume growth was 3.75%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Negative Outlook today, backed by the MACD Indicator. Tickeron has a negative outlook on this group and predicts a further decline by more than 4.00% within the next month with a likelihood of 56%. During the last month, the daily ratio of advancing to declining volumes was 1 to 2.51.
7 stocks in the group of tickers exhibit a similar negative trend based on the 15 indicator with an average likelihood of 76%.
The most notable companies in this group are Barrick Gold Corp (NYSE:GOLD), Gold Fields Ltd (NYSE:GFI), Kinross Gold Corp (NYSE:KGC).
The average market capitalization across the group is 7.9B. The market cap for tickers in the group ranges from 37.9M to 36.1B. GOLD holds the highest valuation in this group at 36.1B. The lowest valued company is AAU at 37.9M.
The average weekly price growth across all stocks in the group was -1.19%. For the same group, the average monthly price growth was -27.25%, and the average quarterly price growth was -18.89%. GORO experienced the highest price growth at 13.91%, while GPL experienced the biggest fall at -10.39%.
- 4/29/22 5:52 AM: Agnico Eagle Mines (AEM, $55.85) was a top loser this week, declining -9.57%
- 4/28/22 6:02 AM: Eldorado Gold (EGO, $10.32) was a top loser this week, declining -14.78%
- 4/27/22 5:34 AM: Almaden Minerals (AAU, $0.29) is a top weekly loser for penny stocks, falling -23.6%
The average weekly volume growth across all stocks in the group was -76.99%. For the same stocks of the group, the average monthly volume growth was -63.67% and the average quarterly volume growth was -67.39%
- 5/14/22 4:16 AM: The volume for IAMGold stock increased for a consecutive 5 days, with an average daily gain of 87%
- 5/13/22 4:49 AM: The volume for IAMGold stock increased for a consecutive 5 days, with an average daily gain of 94%
- 5/12/22 5:32 AM: The volume for IAMGold stock increased for four consecutive days, resulting in a record-breaking daily growth of 95% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
The most notable companies in this group are Newmont Corp (NYSE:NEM), Barrick Gold Corp (NYSE:GOLD), Wheaton Precious Metals Corp (NYSE:WPM), Gold Fields Ltd (NYSE:GFI), Kinross Gold Corp (NYSE:KGC), Yamana Gold (NYSE:AUY), Pan American Silver Corp (NASDAQ:PAAS), SSR Mining (NASDAQ:SSRM), Hecla Mining Company (NYSE:HL), FIRST MAJESTIC SILVER Corp (NYSE:AG).
The Precious Metals industry is engaged in exploring/mining metals that are considered to be rare and/or have a high economic value. Popular precious metals include gold, platinum and silver - all three of which are largely used in jewelry, art and coinage alongwith having some industrial uses as well. Precious metals used in industrial processes include iridium, (used in specialty alloys), and palladium ( used in electronics and chemical applications). Historically, precious metals have traded at much higher prices than common industrial metals. Newmont Goldcorp Corp, Barrick Gold Corp and Freeport-McMoRan are few of the major precious metals producing companies in the U.S.
The average market capitalization across the Precious Metals Industry is 823.6M. The market cap for tickers in the group ranges from 575 to 51.8B. NEM holds the highest valuation in this group at 51.8B. The lowest valued company is DRIFF at 575.
The average weekly price growth across all stocks in the Precious Metals Industry was -1.37%. For the same Industry, the average monthly price growth was -18.75%, and the average quarterly price growth was -8.13%. GGLXF experienced the highest price growth at 762.48%, while MMTMF experienced the biggest fall at -70.43%.
- 4/29/22 5:52 AM: Agnico Eagle Mines (AEM, $55.85) was a top loser this week, declining -9.57%
- 4/28/22 6:02 AM: Eldorado Gold (EGO, $10.32) was a top loser this week, declining -14.78%
- 4/27/22 5:34 AM: Almaden Minerals (AAU, $0.29) is a top weekly loser for penny stocks, falling -23.6%
The average weekly volume growth across all stocks in the Precious Metals Industry was -67.39%. For the same stocks of the Industry, the average monthly volume growth was -50.22% and the average quarterly volume growth was -46.61%
- 5/14/22 4:16 AM: The volume for IAMGold stock increased for a consecutive 5 days, with an average daily gain of 87%
- 5/13/22 4:49 AM: The volume for IAMGold stock increased for a consecutive 5 days, with an average daily gain of 94%
- 5/12/22 5:32 AM: The volume for IAMGold stock increased for four consecutive days, resulting in a record-breaking daily growth of 95% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Latest blogs by Sarah Patel
Top Blogs
