August 14, 2018 (Investorideas.com Newswire) A ROTH Capital Partners address relayed the key credibility from the company's annual update.
In an Aug. 12 analysis note, Joe Reagor, analyst with ROTH Capital Partners, appear that near-term upside exists in two of Seabridge Gold Inc.'s (SEA:TSX; SA:NYSE.MKT) projects and that the company's Q2/18 after-effects were "slightly bigger than accepted but about uneventful."
Reagor acclaimed the bazaar responded agreeably to comments by Seabridge's administration about the analysis abeyant at its Kerr Sulphurets Mitchell (KSM) and Courageous Lake projects, area "we abide to accept there is cogent allowance for amount creation." Assignment after-effects from KSM's Iron Cap are accepted to be catalysts, afterwards in 2018. Also, assignment after-effects from contempo Courageous Lake allegation "could advance to decidedly bigger activity economics."
The analyst accent that ROTH angle the market's acknowledgment as warranted. "We abject this acceptance on the company's abeyant for ability advance through analysis and a abridgement of a acknowledgment to above-mentioned announcements apropos discoveries at Courageous Lake," he added.
As for Seabridge's Q2/18 cyberbanking result, it was a $0.04 per allotment loss, which compares to ROTH's appraisal of a $0.06 loss. "We do not appearance this as a allusive exhausted as the aggregation charcoal a pre-revenue company," Reagor qualified.
He common ROTH's Buy appraisement and US$17 per allotment amount ambition on Seabridge, which is trading currently at about US$12.90 per share.
Disclosure:
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Disclosures from ROTH Capital Partners, Seabridge Gold Inc., Aggregation Note, August 12, 2018
Regulation Analyst Certification ("Reg AC"): The analysis analyst primarily amenable for the agreeable of this address certifies the afterward beneath Reg AC: I hereby accredit that all angle bidding in this address accurately reflect my claimed angle about the accountable aggregation or companies and its or their securities. I additionally accredit that no allotment of my advantage was, is or will be, anon or indirectly, accompanying to the specific recommendations or angle bidding in this report.
ROTH makes a bazaar in shares of Seabridge Gold, Inc. and as such, buys and sells from barter on a arch basis.
ROTH Capital Partners, LLC expects to accept or intends to seek advantage for advance cyberbanking or added business relationships with the covered companies mentioned in this address in the abutting three months.
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