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

Seabridge Gold Inc. (TSE:SEA) (NYSE:SA)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$21.58 and traded as low as C$16.07. Seabridge Gold shares last traded at C$16.40, with a volume of 73,037 shares trading hands.

Seabridge Gold Price Performance

The stock has a market cap of C$1.55 billion, a PE ratio of 192.67 and a beta of 1.09. The stock’s fifty day moving average is C$20.40 and its 200-day moving average is C$21.55. The company has a debt-to-equity ratio of 57.06, a current ratio of 2.11 and a quick ratio of 3.34.

Insider Buying and Selling

In related news, Senior Officer Robert Brent Murphy sold 5,000 shares of the stock in a transaction on Friday, October 18th. The shares were sold at an average price of C$25.03, for a total transaction of C$125,166.00. 2.78% of the stock is owned by insiders.

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.