Seabridge Gold (TSE:SEA) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Seabridge Gold Inc. (TSE:SEA) (NYSE:SA)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$38.83 and traded as low as C$34.81. Seabridge Gold shares last traded at C$34.84, with a volume of 204,731 shares changing hands.

Seabridge Gold Price Performance

The firm has a market cap of C$3.83 billion, a price-to-earnings ratio of -65.29 and a beta of 2.27. The company has a quick ratio of 3.34, a current ratio of 2.99 and a debt-to-equity ratio of 55.30. The company’s 50-day moving average price is C$44.22 and its 200-day moving average price is C$38.90.

Seabridge Gold (TSE:SEA) (NYSE:SA) last announced its quarterly earnings data on Thursday, March 26th. The company reported C($0.44) earnings per share for the quarter. On average, equities research analysts forecast that Seabridge Gold Inc. will post -0.31 EPS for the current year.

Insider Activity at Seabridge Gold

In other Seabridge Gold news, insider Elizabeth K. Fillatre Miller sold 1,648 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of C$40.49, for a total value of C$66,727.52. Following the completion of the transaction, the insider owned 32,969 shares in the company, valued at C$1,334,914.81. The trade was a 4.76% decrease in their ownership of the stock. 2.78% of the stock is currently owned by company insiders.

About Seabridge Gold

Seabridge holds a 100% interest in several North American gold projects. Seabridge’s principal asset, the KSM project, and its Iskut projects are located in Northwest British Columbia, Canada’s ” Golden Triangle “, the Courageous Lake project is in Canada’s Northwest Territories, the Snowstorm project in the Getchell Gold Belt of Northern Nevada and the 3 Aces project is in the Yukon Territory.