Seabridge Gold (TSE:SEA) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Shares of Seabridge Gold Inc. (TSE:SEA) (NYSE:SA) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$21.82 and traded as high as C$26.56. Seabridge Gold shares last traded at C$26.50, with a volume of 82,718 shares traded.

Seabridge Gold Stock Performance

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 company has a market capitalization of C$2.17 billion, a price-to-earnings ratio of 269.56 and a beta of 1.09. The company’s fifty day simple moving average is C$23.90 and its two-hundred day simple moving average is C$21.90.

Seabridge Gold (TSE:SEA) (NYSE:SA) last released 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. Equities research analysts predict that Seabridge Gold Inc. will post -0.31 earnings per share for the current fiscal year.

Insider Activity

In other news, Senior Officer Julie Rachynski sold 1,396 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of C$21.45, for a total value of C$29,944.20. In other Seabridge Gold news, Senior Officer Julie Rachynski sold 1,396 shares of the business’s stock in a transaction 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. Also, Senior Officer Robert Brent Murphy sold 5,000 shares of the company’s stock in a transaction dated Friday, October 18th. The shares were sold at an average price of C$25.03, for a total transaction of C$125,166.00. Insiders sold a total of 6,696 shares of company stock valued at $162,595 over the last three months. Insiders own 2.78% 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.