Insider Selling: Seabridge Gold (TSE:SEA) Insider Sells C$66,727.52 in Stock

Seabridge Gold Inc. (TSE:SEA) (NYSE:SA) insider Elizabeth Fillatre Miller sold 1,648 shares of the company’s 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 transaction, the insider directly owned 32,969 shares of the company’s stock, valued at C$1,334,914.81. This represents a 4.76% decrease in their ownership of the stock.

Seabridge Gold Stock Performance

Shares of SEA opened at C$43.31 on Tuesday. The stock has a market capitalization of C$4.52 billion, a price-to-earnings ratio of -78.75 and a beta of 1.77. Seabridge Gold Inc. has a 12 month low of C$13.44 and a 12 month high of C$44.75. The firm has a fifty day simple moving average of C$38.74 and a 200 day simple moving average of C$30.80. 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. It has various other mineral resource projects throughout North America.