Metals & mining

Seabridge Gold (SEA)

C$38.06 −5.1% on the day·+18.3% in a year·close Oct 13, 2026

Listed on the Toronto Stock Exchange; prices in Canadian dollars. All 218 TSX stocks.

Your signal

Sell27 / 100

Sell: 27 is at or below your Sell line of 40. Plays in (33%) scores 33 and lifts it; Off the high (−24% from its 1-year high) scores 19 and holds it back.

Every factor in this score has a tested record: each was checked month by month since 2011 on numbers public at the time.

Factor you weight	SEA	Points	Weight	Adds
Plays in	33%	33	40	13.2
Off the high	−24% from its 1-year high	19	30	5.7
Trend	−6% vs 200-day	28	30	8.4

Email me when it flips

Your signal is the one call Be The Puck makes on a stock, and you set it: weight the plays, analysts, P/E, growth, debt, trend and more, and move the Buy and Sell lines. Every page follows your choice. How the score works

All 18 factors for SEA

Factor	SEA	Points	What it is
Plays in	33%	33	The share of the plays you count that hold it now.
Analysts' upside	–	–	How far analysts' average 12-month target sits above the price (3+ analysts). −20% scores 0, +50% full marks; at most 50 while the price is below its 200-day average, since targets lag a falling price.
Analysts' rating	–	–	The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E	141.0×	7	Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/E	loss expected	0	Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG	0.85	76	P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth. Source: Yahoo Finance.
Price to sales	–	–	Market value over the last 12 months' revenue. Lower ranks higher.
Price to book	3.7×	39	Price over book value (assets minus debts) per share. Lower ranks higher. Source: Yahoo Finance.
Dividend yield	none	0	Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth	+800%	98	Earnings per share over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Revenue growth	–	–	Revenue over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher.
Profit margin	0%	17	Net profit as a share of revenue. Higher ranks higher. Source: Yahoo Finance.
Return on equity	3%	24	Profit as a share of shareholders' equity. Higher ranks higher. Source: Yahoo Finance.
Debt to equity	0.51×	51	Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: Yahoo Finance.
Off the high	−24% from its 1-year high	19	How far the price sits below its highest close of the last year: 100 points at the high, none at 30% or more below. The exit rule: a stock that keeps falling loses points whatever else it has going for it.
Trend	−6% vs 200-day	28	How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum	+18%	54	The price change over the last 12 months. Higher ranks higher.
Low crash exposure	8/10 · very high	20	The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on SEA

33 of the 100 plays hold SEA right now.
The mean-reversion plays mostly say in; the trend-following, breakout and pattern plays mostly say out.
It closed 6% below its 200-day average and 24% below its 52-week high.
Crash exposure reads very high: it moves about 2.8× its index and fell about 1.7× as far as its index in past crashes.

This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision. New to this? Start with the basics.

Plays in33 / 100Every play Be The Puck tests, in 7 families.

Crash exposureVery high8 of 10 on the storm test Mayer Multiple0.94×Price ÷ its 200-day average (−6%). Higher than on 36% of days since 2005. Above 2.4 is Mayer's overheated zone.

The most accurate play in each family

Each family's play whose calls went the right way most often, tested on 351 stocks since 2005, and what it says about SEA now.

Trend followingHoly GrailOUT42% of 12,813 calls rightOn SEA: right 17 of 34 · Out since May 16, 2024 Breakouts & channelsP&F Double TopOUT37% of 36,314 calls rightOn SEA: right 82 of 265 · Out since Oct 1, 2026 Momentum12-1 MomentumIN44% of 8,156 calls rightOn SEA: right 16 of 41 · In since Sep 30, 2025 Mean reversionBollinger ReversionIN64% of 53,095 calls rightOn SEA: right 129 of 191 · In since Oct 1, 2026 Volume & money flowMoney Flow IndexIN59% of 13,925 calls rightOn SEA: right 29 of 53 · In since Mar 27, 2026 Candles & chart patternsEngulfing SwitchOUT50% of 38,976 calls rightOn SEA: right 70 of 133 · Out since Nov 13, 2025 CalendarHalloween IndicatorOUT54% of 12,345 calls rightOn SEA: right 20 of 43 · Out since Apr 30, 2026

A call is right when the stock rose after an in call or fell after an out call. Trend plays are built to take many small losses for a few big wins, so their hit rates run lower; being right often isn't the same as making the most money. How we test a play.

SEA, day by day

How to read candlesticks

Each candle is one trading day: the box spans the open and close, the thin line the day's high and low. Hollow boxes closed up, filled boxes closed down. Toggle the averages to see the trend the plays read. Dots above the candles mark news and company filings: hover or tap one to see the story and how the stock moved from the last close before it, against the market on the same days.

What moved SEA lately

No session in the last 30 moved it twice a normal day against the S&P/TSX; these were its largest, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured

Tue Oct 13−6.0% against the S&P/TSX1.6× a normal day

SEA −5.1%, the S&P/TSX +0.9% that session.

Acquisition newsInvesting.com Canada · Oct 13, 12:37 pm ET
Seabridge Gold acquires Wyoming project for $300,000 By Investing.com
After acquisition headlines, stocks did better than their index at the first close after the news 58% of the time (47 of 81 on 55 stocks; median move +0.3%). No direction was expected. Low predictability Early read
HeadlineTipRanks · Oct 13, 8:41 am ET
Seabridge Gold Buys Wyoming Slaughterhouse Project to Target Gold and Critical Minerals
HeadlineInvesting.com Canada · Oct 13, 8:40 am ET
Orogen Royalties sells Wyoming project to Seabridge Gold By Investing.com
HeadlineStock Titan · Oct 13, 7:30 am ET
163 mining claims are part of Seabridge Gold’s planned Wyoming gold purchase

Mon Sep 28−4.8% against the S&P/TSX1.2× a normal day

SEA −5.6%, the S&P/TSX −0.9% that session; −9.2% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on SEA was found for this session. Be The Puck's headline archive for SEA starts Oct 2, so news stories from that day aren't in it. The S&P/TSX moved −0.9%. The 50 other Metals & mining stocks Be The Puck covers moved −4.1% on average: much of the move was shared with its group.

Thu Sep 17+5.0% against the S&P/TSX1.2× a normal day

SEA +6.1%, the S&P/TSX +1.1% that session; +7.3% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on SEA was found for this session. Be The Puck's headline archive for SEA starts Oct 2, so news stories from that day aren't in it. The S&P/TSX moved +1.1%. The 50 other Metals & mining stocks Be The Puck covers moved +4.5% on average: much of the move was shared with its group.

Two years of calls, week by week

InOutShare of plays in

One row per play, grouped by family. When most rows turn green at once, the trend is broad. When they split, the plays disagree and the stock is usually chopping sideways.

Every play on SEA

All 100 plays, by family.

Trend following4 of 30 in Breakouts & channels1 of 15 in Momentum6 of 17 in Mean reversion12 of 15 in Volume & money flow6 of 9 in Candles & chart patterns0 of 3 in Calendar4 of 11 in

Calls right: how often the play's calls on SEA went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2005. Click a column to sort.Sort with the menu above the list.

Play	Call	Since	Next move	Calls right	Annual return	Worst drawdown
Trend following
PB EMABitcoin Playboy · daily	OUT	Sep 24, 2026 −10.3%	Enter above C$40.54 (+6.5%)	25% 168/659	−2.4% / +11.2%	−87.7% / −88.0%
Bull Market Support BandBenjamin Cowen · weekly	OUT	Oct 2, 2026 −1.2%	Enter above C$40.78 (+7.1%)	23% 28/121	+1.9% / +11.2%	−81.9% / −88.0%
Ripster EMA CloudRipster · daily	OUT	Sep 28, 2026 −5.9%	Enter above C$41.24 (+8.4%)	23% 93/411	+2.0% / +11.2%	−84.6% / −88.0%
Trend TemplateMark Minervini · daily	OUT	Sep 28, 2026 −5.9%	Not on one close	15% 26/170	−3.4% / +11.2%	−87.5% / −88.0%
Stage AnalysisStan Weinstein · weekly	OUT	Oct 2, 2026 −1.2%	Enter above C$43.11 (+13.3%)	21% 18/85	+1.4% / +11.2%	−85.0% / −88.0%
Stage 2 + Mansfield RSStan Weinstein · weekly	OUT	Oct 2, 2026 −1.2%	Enter above C$42.99 (+13.0%)	22% 19/88	+6.3% / +11.2%	−60.5% / −88.0%
10-Month SMAMeb Faber · month-end	IN	Aug 31, 2026 −13.7%	Exit below C$39.94 (+4.9%)	24% 13/54	−0.4% / +11.2%	−94.7% / −88.0%
200-Day RulePaul Tudor Jones · daily	OUT	Sep 30, 2026 −5.7%	Enter above C$40.49 (+6.4%)	13% 29/229	+1.0% / +11.2%	−94.5% / −88.0%
Golden CrossMarket tradition · daily	IN	Aug 19, 2026 −18.0%	Not on one close	25% 11/44	+0.5% / +11.2%	−93.6% / −88.0%
Granville 200-DayJoseph E. Granville · daily	OUT	Sep 30, 2026 −5.7%	Enter above C$40.49 (+6.4%)	10% 12/120	−1.2% / +11.2%	−92.2% / −88.0%
Hull Moving AverageAlan Hull · weekly	OUT	Oct 2, 2026 −1.2%	Enter above C$49.10 (+29.0%)	34% 48/141	−1.0% / +11.2%	−90.8% / −88.0%
Kaufman Adaptive MAPerry J. Kaufman · daily	OUT	Sep 24, 2026 −10.3%	Enter above C$40.29 (+5.8%)	24% 194/817	+1.1% / +11.2%	−82.8% / −88.0%
TEMA CrossoverPatrick G. Mulloy · daily	OUT	Sep 4, 2026 −13.6%	Enter above C$54.56 (+43.3%)	35% 93/263	−4.5% / +11.2%	−92.0% / −88.0%
Seykota 15/150Ed Seykota · daily	IN	Jun 19, 2025 +101.1%	Not on one close	15% 6/41	+3.9% / +12.1%	−88.1% / −88.0%
Guppy Multiple MAsDaryl Guppy · daily	OUT	Sep 29, 2026 −6.7%	Enter above C$55.57 (+46.0%)	23% 32/141	+0.2% / +11.2%	−83.4% / −88.0%
Ichimoku CloudGoichi Hosoda · daily	OUT	Sep 30, 2026 −5.7%	Not on one close	23% 29/125	+2.4% / +11.2%	−87.3% / −88.0%
SupertrendOlivier Seban · daily	OUT	Sep 30, 2026 −5.7%	Enter above C$42.93 (+12.8%)	34% 62/181	−0.9% / +11.2%	−89.3% / −88.0%
Williams AlligatorBill Williams · daily	OUT	Sep 15, 2026 −6.5%	Not on one close	41% 135/329	0.0% / +11.2%	−86.3% / −88.0%
Vortex IndicatorEtienne Botes & Douglas Siepman · daily	OUT	Sep 24, 2026 −10.3%	Enter above C$48.04 (+26.2%)	34% 204/599	+1.5% / +11.2%	−80.4% / −88.0%
AroonTushar S. Chande · daily	OUT	Sep 14, 2026 −7.8%	Enter above C$46.10 (+21.1%)	35% 75/217	+1.5% / +11.2%	−86.7% / −88.0%
Parabolic SARJ. Welles Wilder Jr. · daily	OUT	Sep 28, 2026 −5.9%	Enter above C$40.79 (+7.2%)	37% 173/473	+5.2% / +11.2%	−73.7% / −88.0%
ADX TrendJ. Welles Wilder Jr. · daily	OUT	Apr 2, 2026 −3.1%	Not on one close	36% 50/137	+5.0% / +11.2%	−56.9% / −88.0%
MACD Zero LineGerald Appel · daily	OUT	Sep 28, 2026 −5.9%	Enter above C$53.44 (+40.4%)	27% 56/205	−1.1% / +11.2%	−88.7% / −88.0%
Zweig 4% ModelMartin Zweig · weekly	IN	Oct 9, 2026 −5.1%	Exit below C$38.51 (+1.2%)	37% 123/332	+4.9% / +11.2%	−77.3% / −88.0%
MAMA/FAMA CrossJohn F. Ehlers · daily	OUT	Sep 2, 2026 −11.6%	Enter above C$126.12 (+231.4%)	29% 71/243	+0.5% / +11.2%	−89.4% / −88.0%
Schaff Trend CycleDoug Schaff · daily	OUT	Aug 31, 2026 −13.7%	Enter above C$46.10 (+21.1%)	34% 93/271	−1.1% / +11.2%	−76.4% / −88.0%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · daily	OUT	Sep 28, 2026 −5.9%	Enter above C$51.60 (+35.6%)	28% 56/197	+0.9% / +11.2%	−83.1% / −88.0%
DP Trend ModelCarl Swenlin & Erin Swenlin · daily	OUT	Oct 2, 2026 −1.2%	Enter above C$53.81 (+41.4%)	23% 25/107	+1.2% / +11.2%	−92.0% / −88.0%
Elder Triple ScreenAlexander Elder · daily	OUT	Aug 21, 2026 −8.3%	Not on one close	32% 77/239	−4.8% / +11.2%	−87.0% / −88.0%
Holy GrailLinda Bradford Raschke & Larry Connors · daily	OUT	May 16, 2024 +108.0%	Not on one close	50% 17/34	+1.0% / +11.2%	−48.4% / −88.0%
Breakouts & channels
Four-Week RuleRichard Donchian · daily	OUT	Oct 1, 2026 −1.9%	Enter above C$46.10 (+21.1%)	34% 46/137	−5.7% / +11.2%	−97.2% / −88.0%
Turtle System 1Richard Dennis & William Eckhardt · daily	OUT	Sep 1, 2026 −8.6%	Enter above C$46.10 (+21.1%)	28% 39/141	−5.7% / +11.2%	−92.3% / −88.0%
Turtle System 2Richard Dennis & William Eckhardt · daily	OUT	Sep 1, 2026 −8.6%	Enter above C$48.56 (+27.6%)	20% 23/113	−6.9% / +11.2%	−95.6% / −88.0%
Clenow TrendAndreas F. Clenow · daily	OUT	Sep 14, 2026 −7.8%	Enter above C$48.40 (+27.2%)	28% 29/105	−4.7% / +11.2%	−82.7% / −88.0%
Darvas BoxNicolas Darvas · daily	OUT	Sep 14, 2026 −7.8%	Enter above C$46.10 (+21.1%)	31% 40/131	−3.0% / +11.2%	−90.9% / −88.0%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · daily	OUT	Aug 21, 2026 −8.3%	Enter above C$45.59 (+19.8%)	33% 53/159	−2.1% / +11.2%	−68.4% / −88.0%
Bollinger BreakoutJohn Bollinger · daily	OUT	Aug 31, 2026 −13.7%	Enter above C$46.19 (+21.4%)	35% 75/217	−2.0% / +11.2%	−78.3% / −88.0%
Chandelier ExitChuck LeBeau · daily	OUT	Sep 14, 2026 −7.8%	Enter above C$45.85 (+20.5%)	35% 79/225	−3.4% / +11.2%	−90.9% / −88.0%
Wilder Volatility SystemJ. Welles Wilder Jr. · daily	OUT	Sep 14, 2026 −7.8%	Enter above C$43.07 (+13.2%)	35% 71/205	+1.4% / +11.2%	−84.3% / −88.0%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · daily	OUT	Oct 1, 2026 −1.9%	Enter above C$46.60 (+22.5%)	31% 82/265	−8.8% / +11.2%	−96.0% / −88.0%
Chande Kroll StopTushar S. Chande & Stanley Kroll · daily	OUT	Sep 24, 2026 −10.3%	Enter above C$41.63 (+9.4%)	27% 96/357	+1.6% / +11.2%	−79.2% / −88.0%
Acceleration BandsPrice Headley · daily	OUT	Aug 21, 2026 −8.3%	Not on one close	28% 53/188	−3.1% / +11.2%	−68.5% / −88.0%
TTM SqueezeJohn F. Carter · daily	OUT	Aug 24, 2026 −17.0%	Not on one close	41% 50/121	+2.7% / +11.2%	−67.4% / −88.0%
NR7 BreakoutToby Crabel · daily	IN	Oct 8, 2026 −1.4%	Exit below C$38.00 (−0.2%)	32% 237/748	+1.3% / +11.2%	−85.8% / −88.0%
Bollinger SqueezeJohn Bollinger · daily	OUT	Aug 31, 2026 −13.7%	Not on one close	33% 20/60	−0.8% / +11.2%	−55.5% / −88.0%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-end	IN	Sep 30, 2025 +21.2%	Exit below C$32.46 (−14.7%)	37% 18/49	+3.8% / +11.6%	−81.6% / −88.0%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-end	IN	Sep 30, 2025 +21.2%	Not on one close	39% 16/41	+5.9% / +11.6%	−75.1% / −88.0%
Dual MomentumGary Antonacci · month-end	IN	Sep 30, 2025 +21.2%	Exit below C$36.09 (−5.2%)	33% 11/33	+6.7% / +11.6%	−66.0% / −88.0%
Stocks on the MoveAndreas F. Clenow · daily	OUT	Sep 30, 2026 −5.7%	Buy C$40.72–C$43.77 (+7.0%)	13% 21/165	−7.9% / +11.2%	−93.9% / −88.0%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-end	OUT	Mar 31, 2026 +3.1%	Enter above C$47.77 (+25.5%)	12% 5/40	−9.1% / +11.2%	−94.0% / −88.0%
Levy Relative StrengthRobert A. Levy · weekly	OUT	Oct 2, 2026 −1.2%	Enter above C$41.97 (+10.3%)	24% 28/119	+2.9% / +11.2%	−84.7% / −88.0%
MACD Signal CrossGerald Appel · daily	OUT	Sep 24, 2026 −10.3%	Enter above C$41.78 (+9.8%)	35% 156/445	+8.4% / +11.2%	−65.9% / −88.0%
Elder ImpulseAlexander Elder · daily	OUT	Oct 13, 2026 0.0%	Enter above C$39.78 (+4.5%)	29% 225/773	+3.3% / +11.2%	−74.6% / −88.0%
Know Sure ThingMartin J. Pring · daily	OUT	Sep 1, 2026 −8.6%	Enter above C$56.76 (+49.1%)	37% 121/325	+0.7% / +11.2%	−89.6% / −88.0%
Coppock CurveEdwin S. C. Coppock · month-end	IN	Aug 29, 2025 +69.7%	Not on one close	33% 9/27	−1.5% / +6.8%	−85.3% / −88.0%
CCI +100Donald R. Lambert · daily	OUT	Aug 27, 2026 −19.6%	Enter above C$46.78 (+22.9%)	30% 169/562	+1.2% / +11.2%	−82.2% / −88.0%
TRIX Signal CrossJack K. Hutson · daily	OUT	Sep 2, 2026 −11.6%	Enter above C$72.44 (+90.3%)	37% 101/275	−3.3% / +11.2%	−92.6% / −88.0%
TSI Zero LineWilliam Blau · daily	OUT	Sep 28, 2026 −5.9%	Enter above C$54.02 (+41.9%)	28% 54/195	−1.1% / +11.2%	−90.6% / −88.0%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-end	OUT	Sep 30, 2026 −5.7%	Enter above C$38.29 (+0.6%)	36% 39/108	−0.2% / +11.6%	−94.9% / −88.0%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-end	IN	Sep 30, 2025 +21.2%	Not on one close	35% 12/34	−0.4% / +5.3%	−73.9% / −88.0%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · daily	IN	Oct 31, 2025 +21.6%	Not on one close	32% 6/19	+4.2% / +11.6%	−56.7% / −88.0%
PMO Signal CrossCarl Swenlin · daily	OUT	Sep 1, 2026 −8.6%	Enter above C$47.26 (+24.2%)	35% 118/335	+5.2% / +11.2%	−68.6% / −88.0%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · daily	IN	Mar 23, 2026 +15.2%	Not on one close	69% 29/42	+9.5% / +11.2%	−71.1% / −88.0%
RSI(2) PullbackLarry Connors & Cesar Alvarez · daily	OUT	Sep 17, 2026 −12.0%	Not on one close	60% 154/256	−0.1% / +11.2%	−64.7% / −88.0%
Double 7sLarry Connors & Cesar Alvarez · daily	OUT	Sep 18, 2026 −12.1%	Not on one close	59% 177/298	+3.5% / +11.2%	−65.1% / −88.0%
Bollinger ReversionJohn Bollinger · daily	IN	Oct 1, 2026 −1.9%	Sell above C$40.92 (+7.5%)	68% 129/191	+12.5% / +11.2%	−63.6% / −88.0%
Stochastic 20/80George C. Lane · daily	IN	Sep 17, 2026 −12.0%	Not on one close	61% 101/165	+8.5% / +11.2%	−84.9% / −88.0%
Williams %RLarry Williams · daily	IN	Oct 9, 2026 −5.1%	Not on one close	66% 205/311	+17.6% / +11.2%	−68.2% / −88.0%
DeMark 9-CountTom DeMark · daily	IN	Oct 6, 2026 −2.6%	Not on one close	62% 50/81	+11.7% / +11.2%	−71.8% / −88.0%
Mayer MultipleTrace Mayer · daily	IN	Dec 30, 2005 +269.5%	Sell above C$97.88 (+157.2%)	100% 2/2	+11.7% / +11.2%	−88.0% / −88.0%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · daily	OUT	Mar 23, 2026 +15.2%	Not on one close	55% 24/44	+4.9% / +11.2%	−34.6% / −88.0%
Laguerre RSIJohn F. Ehlers · daily	IN	Sep 9, 2026 −14.9%	Not on one close	46% 153/333	+4.7% / +11.2%	−79.9% / −88.0%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · daily	IN	Oct 9, 2026 −5.1%	Not on one close	56% 245/439	+1.8% / +11.2%	−92.4% / −88.0%
IBS ReversionAlexander S. Pagonidis · daily	IN	Oct 13, 2026 0.0%	Sell above C$38.06 (0.0%)	56% 1150/2069	−5.1% / +11.2%	−94.6% / −88.0%
Connors %bLarry Connors & Cesar Alvarez · daily	IN	Sep 16, 2026 −6.6%	Sell above C$43.84 (+15.2%)	58% 40/69	+6.4% / +11.2%	−51.6% / −88.0%
Fisher TransformJohn F. Ehlers · daily	IN	Oct 8, 2026 −1.4%	Exit below C$37.47 (−1.6%)	40% 411/1039	+12.1% / +11.2%	−72.7% / −88.0%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-end	IN	Sep 30, 2026 −5.7%	Sell above C$41.18 (+8.2%)	66% 104/157	+23.9% / +11.2%	−43.4% / −88.0%
Volume & money flow
On-Balance VolumeJoseph E. Granville · daily	IN	Oct 5, 2026 −1.9%	Exit below C$38.06 (+0.0%)	26% 177/687	−1.5% / +11.2%	−93.3% / −88.0%
Chaikin Money FlowMarc Chaikin · daily	IN	Sep 22, 2026 −17.0%	Not on one close	41% 93/228	−3.1% / +11.2%	−92.8% / −88.0%
Money Flow IndexGene Quong & Avrum Soudack · daily	IN	Mar 27, 2026 +13.3%	Not on one close	55% 29/53	+7.5% / +11.2%	−70.1% / −88.0%
Negative Volume IndexNorman Fosback & Paul Dysart · daily	IN	Aug 24, 2026 −17.0%	Exit below C$34.11 (−10.4%)	39% 42/107	+3.6% / +11.4%	−76.7% / −88.0%
Force IndexAlexander Elder · daily	OUT	Sep 24, 2026 −10.3%	Enter above C$40.52 (+6.5%)	28% 189/683	+3.1% / +11.2%	−76.3% / −88.0%
Buff AveragesBuff Dormeier · daily	OUT	Sep 28, 2026 −5.9%	Enter above C$52.64 (+38.3%)	36% 140/385	+2.4% / +11.2%	−84.4% / −88.0%
Chaikin OscillatorMarc Chaikin · daily	IN	Oct 6, 2026 −2.6%	Not on one close	36% 199/558	−3.5% / +11.2%	−86.0% / −88.0%
Volume Flow IndicatorMarkos Katsanos · daily	IN	Sep 17, 2026 −12.0%	Not on one close	31% 42/137	+3.8% / +11.7%	−88.0% / −88.0%
Klinger OscillatorStephen J. Klinger · daily	OUT	Oct 13, 2026 0.0%	Buy C$38.75–C$42.29 (+1.8%)	35% 310/881	+0.1% / +11.2%	−86.8% / −88.0%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · daily	OUT	Nov 13, 2025 +24.5%	Enter above C$39.83 (+4.7%)	53% 70/133	+3.7% / +11.2%	−82.3% / −88.0%
HikkakeDaniel L. Chesler · daily	OUT	Jan 30, 2026 +5.7%	Not on one close	40% 36/91	+8.0% / +11.2%	−70.9% / −88.0%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · daily	OUT	May 8, 2026 −4.8%	Not on one close	52% 29/56	+2.8% / +11.2%	−21.0% / −88.0%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 30, 2026 +7.3%	Buys Oct 30	47% 20/43	+5.1% / +11.2%	−73.6% / −88.0%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 22, 2026 −4.2%	Enter above C$38.71 (+1.7%)	51% 22/43	+7.7% / +11.2%	−68.1% / −88.0%
Seasonal TimingSy Harding · daily	OUT	Apr 24, 2026 −0.9%	Window opens Oct 16	47% 20/43	+1.8% / +11.2%	−78.2% / −88.0%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · daily	OUT	Jan 5, 2026 −4.2%	Buys Dec 23	52% 23/44	+4.8% / +11.2%	−23.5% / −88.0%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · daily	OUT	Oct 5, 2026 −1.9%	Buys Oct 29	49% 259/526	+8.3% / +11.2%	−62.2% / −88.0%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · daily	IN	Sep 30, 2026 −5.7%	Sells Jun 30	36% 4/11	+2.1% / +11.2%	−41.8% / −88.0%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · daily	OUT	Sep 4, 2026 −13.6%	Buys Nov 24	52% 201/386	+7.1% / +11.2%	−17.9% / −88.0%
January BarometerYale Hirsch & Jeffrey Hirsch · month-end	IN	Dec 30, 2022 +139.3%	Not on one close	50% 10/20	+4.5% / +11.2%	−82.8% / −88.0%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · daily	IN	Oct 13, 2026 0.0%	Sells Oct 16	51% 1166/2284	+3.4% / +11.2%	−78.1% / −88.0%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · daily	OUT	Sep 16, 2026 −6.6%	Buys Oct 27	52% 182/348	+4.9% / +11.2%	−20.8% / −88.0%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · daily	IN	Oct 2, 2026 −1.2%	Sells Oct 16	49% 266/541	+3.4% / +11.2%	−89.9% / −88.0%
Benchmark
Buy & HoldJohn C. Bogle · benchmark	IN	Jan 4, 2005	Always in	–	+11.2%	−88.0%

If the market cracks: the storm test

How the storm test works

ExposureVery high8 of 10 points

Market swings3/3
Past crashes2/2
Debt3/3
Run-up0/2

It moves about 2.8× its index.
It fell about 1.7× as far as its index in past crashes.
It operating profit doesn't cover its interest.

Past crashes, peak to low

Financial crisis Oct 2007 to Oct 2008 · back to its old high Apr 2009

SEA−72%

TSX−47%

COVID crash Feb 2020 to Mar 2020 · back to its old high Apr 2020

SEA−52%

TSX−37%

2022 bear market Jan 2022 to Sep 2022 · back to its old high May 2023

SEA−31%

TSX−14%

Beta2.84Moves about 2.8× as much as the TSX week to week.
Downside capture400%In months the TSX fell, this fell 400% as much on average.
Two-year change+73%Run-ups of 100%+ crashed 40% or more within two years about half the time (Greenwood, Shleifer & You).
From 52-week high−24%
Debt to equity0.50×
Interest cover−91.2×

A crash marks every stock down; debt decides which companies come through. The storm test scores both halves: how hard the stock swings with the market, and how much debt it carries into a downturn. It describes fragility; it does not predict a crash.

The business behind the price

How to judge these numbers

Gold · Seabridge Gold Inc., together with its subsidiaries, engages in the acquisition and exploration of gold properties in North America. It explores for gold, silver, copper, and molybdenum deposits. The company was formerly known as Seabridge Resources Inc. and changed its name to Seabridge Gold Inc. in June 2002. Seabridge Gold Inc. was incorporated in 1979 and is based in Toronto, Canada.

Size and valuation
Market cap	C$4.1B	What the whole company is worth at today's price: share price × shares outstanding.
P/E ratio	141.0×	Buyers pay C$141 for each C$1 of the last year's profit.
Price to book	3.7×	Price against the company's net assets (its equity) per share.

Profit and growth
Profit margin	0.0%	Spends more than it brings in.
Earnings growth	+800.0%	Same comparison for profit.
Return on equity	3.3%	Yearly profit as a share of shareholders' money in the business.
Free cash flow	−C$153M	Burning cash: needs savings or new money to keep going.

Balance sheet
Total equity	C$1.1B	What it owns minus what it owes.
Total debt	C$562M	Loans and bonds it has to pay back, with interest.
Cash	C$95.5M	Cash and short-term investments on hand.
Debt to equity	0.50×	Comfortable.
Interest cover	−91.2×	Operating profit divided by interest. Under 2× means one bad year could make the interest hard to pay.

Wall Street
Average analyst target	C$73.50	93% above the close, from 2 analysts (range C$67.00 to C$80.00).

Company figures from Yahoo Finance, fetched Oct 14, 2026. Analyst targets are opinions, not forecasts Be The Puck checks.

Reports for Be The Puck Members.

SEA: the briefWhat the plays, the levels and the business say, in plain English. Rebuilt nightly.Members Metals & mining: what the plays sayEvery covered name in the sector, side by side.Members Debt decides who survives a crashThe storm test on every covered stock.Members Is this a bubble?The gauges in October 2026, and what history says about timing.Members

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