Seabridge Gold Inc. (TSE:SEA) (NYSE:SA) Director Eliseo Gonzalez-Urien sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 14th. The stock was sold at an average price of C$23.76, for a total transaction of C$237,600.00. Following the sale, the director now directly owns 98,765 shares in the company, valued at C$2,346,656.40.
Shares of Seabridge Gold stock opened at C$22.46 on Wednesday. The company has a fifty day simple moving average of C$22.07 and a 200-day simple moving average of C$21.99. Seabridge Gold Inc. has a 12-month low of C$19.45 and a 12-month high of C$29.00. The company has a current ratio of 4.83, a quick ratio of 4.72 and a debt-to-equity ratio of 0.05. The stock has a market cap of C$1.73 billion and a price-to-earnings ratio of 724.52.
Separately, Canaccord Genuity increased their price objective on shares of Seabridge Gold from C$30.00 to C$32.00 and gave the company a “na” rating in a research report on Friday, July 16th.
Seabridge Gold Inc, together with its subsidiaries, engages in the acquisition and exploration of gold properties in North America. The company also explores for copper, silver, rhenium, and molybdenum ores. Its principal projects are 100% owned Kerr-Sulphurets-Mitchell property and Iskut project located in British Columbia, Canada; Courageous Lake property situated in Northwest Territories, Canada; Snowstorm project located in the Getchell Gold Belt of Northern Nevada; and 3 Aces project located in the Yukon Territory.
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