Seabridge Gold (TSE:SEA) Stock Crosses Above 200 Day Moving Average of $18.02

Shares of Seabridge Gold Inc. (TSE:SEA) (NYSE:SA) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$18.02 and traded as high as C$19.18. Seabridge Gold shares last traded at C$18.92, with a volume of 25,162 shares.

Seabridge Gold Price Performance

The firm has a market cap of C$1.64 billion, a price-to-earnings ratio of -60.32 and a beta of 0.99. The company has a debt-to-equity ratio of 83.26, a current ratio of 3.19 and a quick ratio of 3.34. The stock has a 50-day moving average price of C$20.43 and a 200 day moving average price of C$18.06.

Seabridge Gold (TSE:SEA) (NYSE:SA) last released its quarterly earnings results on Monday, May 13th. The company reported C($0.09) EPS for the quarter, missing the consensus estimate of C$0.04 by C($0.13). As a group, equities research analysts forecast that Seabridge Gold Inc. will post -0.31 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Melanie Renee Miller sold 20,000 shares of the stock in a transaction on Friday, April 5th. The shares were sold at an average price of C$16.33, for a total transaction of C$326,610.00. Corporate insiders own 2.80% 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.