Seabridge Gold (TSE:SEA) Share Price Passes Above Two Hundred Day Moving Average of $20.82

Shares of Seabridge Gold Inc. (TSE:SEA) (NYSE:SA) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$20.82 and traded as high as C$24.42. Seabridge Gold shares last traded at C$23.33, with a volume of 62,616 shares changing hands.

Seabridge Gold Trading Down 1.6 %

The company has a 50 day moving average price of C$22.37 and a 200 day moving average price of C$20.82. The company has a debt-to-equity ratio of 57.06, a quick ratio of 3.34 and a current ratio of 2.11. The firm has a market cap of C$2.09 billion, a price-to-earnings ratio of 259.22 and a beta of 1.11.

Seabridge Gold (TSE:SEA) (NYSE:SA) last posted its quarterly earnings data on Tuesday, August 13th. The company reported C$0.51 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.04 by C$0.47. On average, research analysts expect that Seabridge Gold Inc. will post -0.31 earnings per share for the current year.

Insider Transactions at Seabridge Gold

In other Seabridge Gold news, Director Melanie Renee Miller sold 25,000 shares of the business’s stock in a transaction on Friday, June 28th. The shares were sold at an average price of C$18.90, for a total transaction of C$472,500.00. In other Seabridge Gold news, Senior Officer Christopher Justin Reynolds sold 2,123 shares of the stock in a transaction on Monday, July 29th. The shares were sold at an average price of C$23.06, for a total value of C$48,956.38. Also, Director Melanie Renee Miller sold 25,000 shares of Seabridge Gold stock in a transaction on Friday, June 28th. The shares were sold at an average price of C$18.90, for a total transaction of C$472,500.00. In the last quarter, insiders sold 28,819 shares of company stock worth $558,886. 2.78% of the stock is currently owned by corporate insiders.

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.