Seabridge Gold Inc. is engaged in acquiring, exploring, and advancing mineral properties, with an emphasis on gold resources, located in Canada and the U.S.. Co. 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 project located in Canada's Northwest Territories, the Snowstorm project in the Getchell Gold Belt of Northern Nevada and the 3 Aces project set in the Yukon Territory. The KSM Project is an undeveloped gold project. We show 16 historical shares outstanding datapoints in our SA shares outstanding history coverage, used to compute SA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SA market cap history over the course of time is important for investors
interested in comparing SA's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of SA versus a peer is one thing; comparing
SA market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like SA can fluctuate over the course of history.
With this page we aim to empower investors researching SA by allowing them to research the SA market cap history. |
Free SA Email Alerts:
Video: The Importance of Market Cap
