Seabridge Gold (TSE:SEA) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Seabridge Gold Inc. (TSE:SEA) (NYSE:SA)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$41.84 and traded as high as C$47.44. Seabridge Gold shares last traded at C$45.10, with a volume of 102,841 shares changing hands.

Seabridge Gold Trading Down 4.7%

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 company has a market capitalization of C$4.86 billion, a P/E ratio of 167.04 and a beta of 2.90. The stock has a fifty day moving average of C$39.72 and a 200 day moving average of C$41.84.

Seabridge Gold (TSE:SEA) (NYSE:SA) last announced 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 anticipate that Seabridge Gold Inc. will post -0.31 EPS 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.