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

Seabridge Gold Inc. (TSE:SEA) (NYSE:SA)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$38.48 and traded as high as C$40.59. Seabridge Gold shares last traded at C$37.00, with a volume of 271,752 shares.

Seabridge Gold Price Performance

The company has a debt-to-equity ratio of 55.30, a quick ratio of 3.34 and a current ratio of 2.99. The firm has a fifty day simple moving average of C$45.36 and a 200 day simple moving average of C$38.48. The company has a market capitalization of C$3.94 billion, a PE ratio of -67.27 and a beta of 2.27.

Insider Activity at Seabridge Gold

In related news, insider Elizabeth K. Fillatre Miller sold 1,648 shares of Seabridge Gold stock in a transaction dated Monday, January 5th. The stock was 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. The trade was a 4.76% decrease in their ownership of the stock. Corporate 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.