MERCVSSA• 28 Days (Normalized)
MERC vs SA (Mercer International Inc. vs Seabridge Gold Inc. Common Shares New)
Showing Closing Date Range from Sep 11 to Oct 9, 2026.
Normalized cumulative comparison anchored at 0.00% baseline to illustrate pure alpha, return divergence, and market momentum.
MERC Performance $0.24
-38.72%
Mercer International Inc.
Normalized Baseline0.00%
SA Performance $28.08
-9.45%
Seabridge Gold Inc. Common Shares New
Normalized Baseline0.00%
Alpha Spread Margin SA LEADS
-29.27 pts
SA outperforming by 29.27 percentage points
MERCSA
Spread Trajectory28 Days (Normalized)
Cumulative Performance Trajectory
Interactive divergence comparison normalized at 0.00% on start date.
MERC SA
Comparative Historical Ledger
Daily closing prices, normalized percentages, and relative spread divergence.
Historical Quotes & Breakdown(20 dates)
| Date | MERC Price | MERC Gain (%) | SA Price | SA Gain (%) | Spread |
|---|---|---|---|---|---|
| Oct 09, 2026 | $0.24 | -38.72% | $28.08 | -9.45% | -29.27% |
| Oct 08, 2026 | $0.25 | -36.97% | $27.12 | -12.54% | -24.43% |
| Oct 07, 2026 | $0.25 | -35.95% | $26.68 | -13.96% | -21.99% |
| Oct 06, 2026 | $0.24 | -38.46% | $27.44 | -11.51% | -26.95% |
| Oct 05, 2026 | $0.25 | -36.67% | $27.16 | -12.42% | -24.25% |
| Oct 02, 2026 | $0.26 | -34.13% | $26.97 | -13.03% | -21.10% |
| Sep 30, 2026 | $0.31 | -20.49% | $- | - | |
| Sep 29, 2026 | $0.32 | -17.95% | $- | - | |
| Sep 28, 2026 | $0.32 | -17.95% | $- | - | |
| Sep 25, 2026 | $0.32 | -17.95% | $- | - | |
| Sep 24, 2026 | $0.32 | -17.95% | $29.98 | -3.32% | -14.63% |
| Sep 23, 2026 | $0.32 | -17.95% | $31.20 | +0.61% | -18.56% |
| Sep 22, 2026 | $0.32 | -17.33% | $- | - | |
| Sep 21, 2026 | $0.34 | -12.82% | $30.92 | -0.29% | -12.53% |
| Sep 18, 2026 | $0.38 | -2.56% | $30.95 | -0.19% | -2.37% |
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