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Seabridge Gold price target raised to $65 from $50 at B. Riley

B. Riley analyst Nick Giles raised the firm’s price target on Seabridge Gold (SA) to $65 from $50 and keeps a Buy rating on the shares. Gold strength and continued site progress at KSM, along with active joint venture discussions, highlight the potential of what is considered the world’s largest undeveloped gold project, also rich in copper, the analyst tells investors in a research note.

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