Seabridge Financial Statements From 2010 to 2025
| SEA Stock | CAD 17.33 0.32 1.88% |
Check Seabridge Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Seabridge Gold's main balance sheet or income statement drivers, such as , as well as many indicators such as . Seabridge financial statements analysis is a perfect complement when working with Seabridge Gold Valuation or Volatility modules.
Seabridge |
Seabridge Gold Company Return On Equity Analysis
Seabridge Gold's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Seabridge Gold Return On Equity | -0.0157 |
Most of Seabridge Gold's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Seabridge Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Seabridge Gold has a Return On Equity of -0.0157. This is 101.73% lower than that of the Metals & Mining sector and 115.7% lower than that of the Materials industry. The return on equity for all Canada stocks is 94.94% lower than that of the firm.
Seabridge Gold Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Seabridge Gold's current stock value. Our valuation model uses many indicators to compare Seabridge Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Seabridge Gold competition to find correlations between indicators driving Seabridge Gold's intrinsic value. More Info.Seabridge Gold is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Seabridge Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Seabridge Gold's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Seabridge Gold Financial Statements
Seabridge Gold investors utilize fundamental indicators, such as revenue or net income, to predict how Seabridge Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Seabridge Gold Inc., together with its subsidiaries, engages in the acquisition and exploration of gold properties in North America. Seabridge Gold Inc. was incorporated in 1979 and is based in Toronto, Canada. SEABRIDGE GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange.
Pair Trading with Seabridge Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Seabridge Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Seabridge Gold will appreciate offsetting losses from the drop in the long position's value.Moving against Seabridge Stock
| 0.5 | FDY | Faraday Copper Corp | PairCorr |
| 0.47 | EPL | Eagle Plains Resources | PairCorr |
| 0.4 | WEF | Western Forest Products | PairCorr |
| 0.37 | CCM | Canagold Resources | PairCorr |
| 0.32 | III | Imperial Metals | PairCorr |
The ability to find closely correlated positions to Seabridge Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Seabridge Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Seabridge Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Seabridge Gold to buy it.
The correlation of Seabridge Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Seabridge Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Seabridge Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Seabridge Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Seabridge Gold Correlation against competitors. To learn how to invest in Seabridge Stock, please use our How to Invest in Seabridge Gold guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.