Seabridge Gold (TSE:SEA) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Seabridge Gold Inc. (TSE:SEA) (NYSE:SA)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$42.25 and traded as low as C$33.70. Seabridge Gold shares last traded at C$34.38, with a volume of 51,432 shares trading hands.

Seabridge Gold Stock Performance

The firm has a market capitalization of C$3.71 billion, a P/E ratio of -49.24 and a beta of 2.90. The stock has a fifty day simple moving average of C$40.35 and a two-hundred day simple moving average of C$42.19. The company has a debt-to-equity ratio of 46.48, a current ratio of 6.71 and a quick ratio of 3.34.

Seabridge Gold (TSE:SEA) (NYSE:SA) last posted its quarterly earnings results on Wednesday, May 13th. The company reported C($0.06) earnings per share (EPS) for the quarter. On average, research analysts predict that Seabridge Gold Inc. will post -0.31 EPS for the current 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.