Seabridge Gold (TSE:SEA) Share Price Passes Above Two Hundred Day Moving Average of $18.02

Seabridge Gold Inc. (TSE:SEA) (NYSE:SA)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$18.02 and traded as high as C$19.18. Seabridge Gold shares last traded at C$18.92, with a volume of 25,162 shares.

Seabridge Gold Trading Down 0.7 %

The business has a 50 day moving average of C$20.52 and a 200 day moving average of C$18.02. The company has a debt-to-equity ratio of 83.26, a current ratio of 3.19 and a quick ratio of 3.34. The firm has a market capitalization of C$1.66 billion, a price-to-earnings ratio of -61.03 and a beta of 0.99.

Seabridge Gold (TSE:SEA) (NYSE:SA) last posted its earnings results on Monday, May 13th. The company reported C($0.09) earnings per share for the quarter, missing the consensus estimate of C$0.04 by C($0.13). As a group, research analysts predict that Seabridge Gold Inc. will post -0.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Melanie Renee Miller sold 20,000 shares of the business’s stock in a transaction dated Friday, April 5th. The stock was sold at an average price of C$16.33, for a total value of C$326,610.00. Corporate insiders own 2.80% of the company’s stock.

Seabridge Gold Company Profile

Seabridge Gold Inc, together with its subsidiaries, engages in the acquisition and exploration of gold properties in North America. The company also explores for gold, copper, silver, and molybdenum deposits. Its principal projects are the Kerr-Sulphurets-Mitchell property and Iskut project located in British Columbia, Canada; Courageous Lake property situated in Northwest Territories, Canada; Snowstorm project situated in the Nevada; and 3 Aces project located in the Yukon Territory.