Seabridge Gold (TSE:SEA) Share Price Breaks Below 200 Day Moving Average – Here’s What Happened

Seabridge Gold Inc. (TSE:SEA) (NYSE:SA)’s share price passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of C$40.99 and traded as low as C$38.06. Seabridge Gold shares last traded at C$38.54, with a volume of 67,767 shares trading hands.

Seabridge Gold Stock Down 0.7%

The company has a current ratio of 2.08, a quick ratio of 3.34 and a debt-to-equity ratio of 50.77. The firm has a market cap of C$4.15 billion, a PE ratio of 142.74 and a beta of 2.98. The business’s 50-day simple moving average is C$42.50 and its 200 day simple moving average is C$40.99.

Seabridge Gold (TSE:SEA) (NYSE:SA) last issued its quarterly earnings data on Thursday, August 13th. The company reported C$1.08 earnings per share (EPS) for the quarter. As a group, equities research analysts expect that Seabridge Gold Inc. will post -0.31 earnings per share for the current year.

Seabridge Gold Company Profile

Seabridge holds a 100% interest in several North American gold projects. Seabridge’s principal asset, the KSM project, and its Iskut projects are located in Northwest British Columbia, Canada’s ” Golden Triangle “, the Courageous Lake project is in Canada’s Northwest Territories, the Snowstorm project in the Getchell Gold Belt of Northern Nevada and the 3 Aces project is in the Yukon Territory.