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Seabridge Gold (TSE:SEA) Shares Cross Below 200 Day Moving Average - Should You Sell?

Seabridge Gold logo with Basic Materials background
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Key Points

  • Seabridge Gold shares crossed below their 200‑day moving average during trading (200‑day MA C$40.66), dipping to C$40.51 intraday and last trading at C$41.38 on volume of 190,077, about a 2.5% decline.
  • The company has a market capitalization of C$4.45 billion, a negative PE of -78.08 and a high beta of 2.58, while showing strong liquidity (quick ratio 3.34, current ratio 5.24) and a debt‑to‑equity of 53.33.
  • Seabridge reported quarterly EPS of C($0.44) and analysts expect roughly -0.31 EPS for the year; it holds 100% interests in multiple North American gold projects including KSM, Iskut, Courageous Lake, Snowstorm and 3 Aces.
  • MarketBeat previews the top five stocks to own by May 1st.

Seabridge Gold Inc. (TSE:SEA - Get Free Report) NYSE: SA shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$40.66 and traded as low as C$40.51. Seabridge Gold shares last traded at C$41.38, with a volume of 190,077 shares traded.

Seabridge Gold Trading Down 2.5%

The firm has a market capitalization of C$4.45 billion, a PE ratio of -78.08 and a beta of 2.58. The company has a quick ratio of 3.34, a current ratio of 5.24 and a debt-to-equity ratio of 53.33. The company's 50-day simple moving average is C$43.65 and its 200 day simple moving average is C$40.66.

Seabridge Gold (TSE:SEA - Get Free Report) NYSE: SA last posted its quarterly earnings data on Thursday, March 26th. The company reported C($0.44) earnings per share for the quarter. As a group, sell-side analysts expect that Seabridge Gold Inc. will post -0.31 EPS for the current year.

About Seabridge Gold

(Get Free Report)

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.

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