Seabridge Gold (TSE:SEA) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of Seabridge Gold Inc. (TSE:SEA) (NYSE:SA) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$41.40 and traded as low as C$39.88. Seabridge Gold shares last traded at C$40.77, with a volume of 74,052 shares traded.

Seabridge Gold Trading Down 0.3%

The business has a 50 day moving average of C$41.22 and a two-hundred day moving average of C$41.33. 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 market capitalization of C$4.65 billion, a price-to-earnings ratio of 159.67 and a beta of 2.98.

Seabridge Gold (TSE:SEA) (NYSE:SA) last announced its quarterly earnings results on Thursday, August 13th. The company reported C$1.08 EPS for the quarter. Equities analysts predict that Seabridge Gold Inc. will post -0.31 EPS 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.