Seabridge Gold (TSE:SEA) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Seabridge Gold Inc. (TSE:SEA) (NYSE:SA)’s share price passed 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 company has a current ratio of 2.11, a quick ratio of 3.34 and a debt-to-equity ratio of 57.06. The company has a 50 day simple moving average of C$20.61 and a 200 day simple moving average of C$21.58. The stock has a market cap of C$1.47 billion, a P/E ratio of 182.22 and a beta of 1.09.

Insider Activity

In other news, 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 value of C$125,166.00. 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.