Seabridge Gold (TSE:SEA) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Seabridge Gold Inc. (TSE:SEA) (NYSE:SA) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$40.82 and traded as low as C$37.53. Seabridge Gold shares last traded at C$38.26, with a volume of 100,218 shares trading hands.

Seabridge Gold Price Performance

The company has a current ratio of 5.24, a quick ratio of 3.34 and a debt-to-equity ratio of 53.33. The business has a 50-day moving average price of C$42.96 and a 200 day moving average price of C$40.82. The stock has a market cap of C$4.11 billion, a PE ratio of -72.19 and a beta of 2.58.

Seabridge Gold (TSE:SEA) (NYSE:SA) last issued its quarterly earnings results on Thursday, March 26th. The company reported C($0.44) EPS for the quarter. As a group, research analysts forecast that Seabridge Gold Inc. will post -0.31 earnings per share for the current fiscal year.

About Seabridge Gold

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.