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

Seabridge Gold Inc. (TSE:SEA) (NYSE:SA)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$18.23 and traded as high as C$23.20. Seabridge Gold shares last traded at C$23.16, with a volume of 82,854 shares traded.

Seabridge Gold Trading Up 1.0%

The business’s fifty day simple moving average is C$20.96 and its 200 day simple moving average is C$18.23. The company has a current ratio of 2.28, a quick ratio of 3.34 and a debt-to-equity ratio of 58.83. The stock has a market cap of C$2.13 billion, a P/E ratio of -164.01 and a beta of 1.09.

Insider Buying and Selling

In related news, Director John William Sabine acquired 5,000 shares of the firm’s stock in a transaction on Monday, June 16th. The shares were purchased at an average price of C$19.91 per share, with a total value of C$99,550.00. 2.78% of the stock is currently owned by corporate insiders.

About Seabridge Gold

Seabridge Gold Inc is a development stage company involved in the evaluation, acquisition, exploration, and development of gold properties sited in North America. The company’s principal projects include the Kerr-Sulphurets-Mitchell property located in British Columbia, the Courageous Lake property located in the Northwest Territories and its newly acquired Iksut Property located in northwestern British Columbia.