Seabridge Gold (TSE:SEA) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Seabridge Gold Inc. (TSE:SEA) (NYSE:SA)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$42.51 and traded as low as C$34.29. Seabridge Gold shares last traded at C$35.35, with a volume of 78,343 shares trading hands.

Seabridge Gold Stock Down 0.6%

The business has a 50 day moving average of C$40.84 and a 200 day moving average of C$42.45. The firm has a market capitalization of C$3.96 billion, a price-to-earnings ratio of -52.60 and a beta of 2.90. 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 issued its earnings results on Wednesday, May 13th. The company reported C($0.06) earnings per share for the quarter. On average, equities analysts anticipate 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.