Seabridge Gold (TSE:SEA) Shares Pass Above 200 Day Moving Average of $19.71

Seabridge Gold Inc. (TSE:SEA) (NYSE:SA) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$19.71 and traded as high as C$24.93. Seabridge Gold shares last traded at C$24.73, with a volume of 51,626 shares trading hands.

Seabridge Gold Price Performance

The stock has a market capitalization of C$2.21 billion, a PE ratio of 274.78 and a beta of 0.99. The company has a debt-to-equity ratio of 57.06, a current ratio of 2.11 and a quick ratio of 3.34. The stock’s fifty day moving average is C$20.98 and its 200-day moving average is C$19.71.

Insiders Place Their Bets

In other news, Director Melanie Renee Miller sold 25,000 shares of the firm’s stock in a transaction dated Friday, June 28th. The stock was sold at an average price of C$18.90, for a total transaction of C$472,500.00. In other news, Director Melanie Renee Miller sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, June 28th. The stock was sold at an average price of C$18.90, for a total transaction of C$472,500.00. Also, Senior Officer Christopher Justin Reynolds sold 2,123 shares of the stock in a transaction that occurred on Monday, July 29th. The shares were sold at an average price of C$23.06, for a total value of C$48,956.38. Over the last quarter, insiders sold 28,819 shares of company stock worth $558,886. Company insiders own 2.80% of the company’s stock.

About Seabridge Gold

Seabridge Gold Inc, together with its subsidiaries, engages in the acquisition and exploration of gold properties in North America. The company also explores for gold, copper, silver, and molybdenum deposits. Its principal projects are the Kerr-Sulphurets-Mitchell property and Iskut project located in British Columbia, Canada; Courageous Lake property situated in Northwest Territories, Canada; Snowstorm project situated in the Nevada; and 3 Aces project located in the Yukon Territory.