Seabridge Gold (TSE:SEA) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Seabridge Gold Inc. (TSE:SEA) (NYSE:SA) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$33.52 and traded as high as C$41.75. Seabridge Gold shares last traded at C$40.43, with a volume of 218,865 shares changing hands.

Seabridge Gold Price Performance

The company has a market cap of C$4.31 billion, a P/E ratio of -73.51 and a beta of 1.84. The stock has a 50-day simple moving average of C$42.32 and a 200 day simple moving average of C$33.52. The company has a debt-to-equity ratio of 58.83, a quick ratio of 3.34 and a current ratio of 2.28.

Insider Activity at Seabridge Gold

In other news, insider Elizabeth K. Fillatre Miller sold 1,648 shares of Seabridge Gold stock in a transaction dated Monday, January 5th. The shares were sold at an average price of C$40.49, for a total transaction of C$66,727.52. Following the sale, the insider directly owned 32,969 shares in the company, valued at approximately C$1,334,914.81. The trade was a 4.76% decrease in their position. Insiders own 2.78% of the company’s stock.

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.