Seabridge Gold (TSE:SEA) Shares Cross Above 200 Day Moving Average of $20.49

Shares of Seabridge Gold Inc. (TSE:SEA) (NYSE:SA) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$20.49 and traded as high as C$22.52. Seabridge Gold shares last traded at C$22.48, with a volume of 47,579 shares changing hands.

Seabridge Gold Stock Up 5.5 %

The company has a quick ratio of 3.34, a current ratio of 2.11 and a debt-to-equity ratio of 57.06. The stock’s 50-day simple moving average is C$22.01 and its 200 day simple moving average is C$20.59. The firm has a market cap of C$2.13 billion, a P/E ratio of 264.22 and a beta of 1.11.

Seabridge Gold (TSE:SEA) (NYSE:SA) last announced its quarterly earnings data on Tuesday, August 13th. The company reported C$0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.04 by C$0.47. As a group, research analysts forecast that Seabridge Gold Inc. will post -0.31 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Senior Officer Julie Rachynski sold 1,396 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of C$21.45, for a total transaction of C$29,944.20. In other news, Senior Officer Julie Rachynski sold 1,396 shares of the stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of C$21.45, for a total transaction of C$29,944.20. Also, Director Melanie Renee Miller sold 25,000 shares of the firm’s stock in a transaction dated Friday, June 28th. The shares were sold at an average price of C$18.90, for a total value of C$472,500.00. In the last three months, insiders have sold 28,819 shares of company stock worth $558,886. Corporate insiders own 2.78% of the company’s stock.

About Seabridge Gold

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.