Seabridge Gold (TSE:SEA) Stock Crosses Below 200-Day Moving Average - Here's What Happened

Key Points

• Shares fell below their 200-day moving average, trading as low as C$37.53 and last at C$38.26 on volume of 100,218, beneath the 200-day MA of C$40.82.
• The company has negative earnings—reporting C($0.44) EPS last quarter with analysts forecasting -0.31 EPS for the year—and shows a market cap of C$4.11 billion and a trailing PE of -72.19.
• Seabridge holds 100% interests in several North American gold projects, including the KSM, Iskut, Courageous Lake, Snowstorm and 3 Aces deposits.

Shares of Seabridge Gold Inc. (TSE:SEA - Get Free Report) NYSE: SA passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$40.82 and traded as low as C$37.53. Seabridge Gold shares last traded at C$38.26, with a volume of 100,218 shares traded.

Seabridge Gold Stock Performance

The company has a 50-day simple moving average of C$42.96 and a two-hundred day simple moving average of C$40.82. 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 firm has a market cap of C$4.11 billion, a PE ratio of -72.19 and a beta of 2.58.

Seabridge Gold (TSE:SEA - Get Free Report) NYSE: SA last issued its quarterly earnings results on Thursday, March 26th. The company reported C($0.44) EPS for the quarter. As a group, equities research analysts forecast that Seabridge Gold Inc. will post -0.31 earnings per share 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.

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