Seabridge Gold (TSE:SEA) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Seabridge Gold Inc. (TSE:SEA) (NYSE:SA)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$34.29 and traded as high as C$46.90. Seabridge Gold shares last traded at C$43.15, with a volume of 241,815 shares traded.

Seabridge Gold Stock Performance

The business has a 50 day simple moving average of C$42.65 and a 200 day simple moving average of C$34.29. The company has a quick ratio of 3.34, a current ratio of 2.28 and a debt-to-equity ratio of 58.83. The company has a market capitalization of C$4.60 billion, a PE ratio of -78.45 and a beta of 1.84.

Insider Activity at Seabridge Gold

In related news, insider Elizabeth K. Fillatre Miller sold 1,648 shares of Seabridge Gold stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of C$40.49, for a total value of C$66,727.52. Following the completion of the sale, the insider directly owned 32,969 shares in the company, valued at C$1,334,914.81. This trade represents a 4.76% decrease in their position. 2.78% of the stock is owned by insiders.

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.