Insider Selling: Seabridge Gold (TSE:SEA) Director Sells 2,300 Shares of Stock

Key Points

• Tracey Jane Arlaud, a director at Seabridge Gold Inc., sold 2,300 shares of stock on September 2nd for a total of C$55,786.73, reducing her ownership by 16.43%.
• Following the sale, Arlaud holds 11,700 shares valued at C$283,784.67.
• Seabridge Gold's stock price recently rose to C$27.85, with a market cap of C$2.84 billion and a twelve-month price range between C$13.44 and C$28.39.

Seabridge Gold Inc. (TSE:SEA - Get Free Report) NYSE: SA Director Tracey Jane Arlaud sold 2,300 shares of the stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of C$24.26, for a total value of C$55,786.73. Following the completion of the transaction, the director directly owned 11,700 shares in the company, valued at approximately C$283,784.67. This represents a 16.43% decrease in their position.

Seabridge Gold Trading Up 8.9%

Shares of TSE:SEA traded up C$2.49 on Monday, reaching C$30.34. 862,235 shares of the company traded hands, compared to its average volume of 135,022. The business's 50-day simple moving average is C$23.33 and its 200 day simple moving average is C$19.66. Seabridge Gold Inc. has a 52 week low of C$13.44 and a 52 week high of C$30.47. The stock has a market capitalization of C$3.10 billion, a P/E ratio of -55.16 and a beta of 1.02. The company has a current ratio of 2.28, a quick ratio of 3.34 and a debt-to-equity ratio of 58.83.

About Seabridge Gold

Seabridge Gold Inc is a development stage company involved in the evaluation, acquisition, exploration, and development of gold properties sited in North America. The company's principal projects include the Kerr-Sulphurets-Mitchell property located in British Columbia, the Courageous Lake property located in the Northwest Territories and its newly acquired Iksut Property located in northwestern British Columbia.