Seabridge Gold (TSE:SEA) Share Price Breaks Below 50 Day Moving Average – What’s Next?

Seabridge Gold Inc. (TSE:SEA) (NYSE:SA) crossed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of C$39.36 and traded as low as C$36.40. Seabridge Gold shares last traded at C$37.00, with a volume of 124,830 shares changing hands.

Seabridge Gold Trading Down 3.2%

The company has a debt-to-equity ratio of 50.77, a quick ratio of 3.34 and a current ratio of 2.08. The firm has a fifty day moving average price of C$39.09 and a 200 day moving average price of C$41.14. The company has a market cap of C$3.78 billion, a price-to-earnings ratio of 129.63 and a beta of 3.20.

Seabridge Gold (TSE:SEA) (NYSE:SA) last issued its earnings results on Thursday, November 12th. The company reported C$0.06 earnings per share for the quarter. As a group, equities analysts predict that Seabridge Gold Inc. will post -0.31 EPS for the current fiscal 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.