Seabridge Gold (TSE:SEA) Shares Down 11.4% – Time to Sell?

Seabridge Gold Inc. (TSE:SEAGet Free Report) (NYSE:SA) shares dropped 11.4% during trading on Friday . The stock traded as low as C$16.77 and last traded at C$16.79. Approximately 186,746 shares traded hands during trading, an increase of 139% from the average daily volume of 78,241 shares. The stock had previously closed at C$18.94.

Seabridge Gold Price Performance

The company has a debt-to-equity ratio of 58.83, a current ratio of 2.28 and a quick ratio of 3.34. The firm has a market capitalization of C$1.52 billion, a price-to-earnings ratio of -116.70 and a beta of 1.09. The stock has a 50 day moving average price of C$17.67 and a two-hundred day moving average price of C$21.10.

Seabridge Gold Company Profile

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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.

Further Reading

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