Seabridge Gold (TSE:SEA) Reaches New 12-Month Low – Here’s What Happened

Seabridge Gold Inc. (TSE:SEAGet Free Report) (NYSE:SA) shares hit a new 52-week low during trading on Friday . The company traded as low as C$15.02 and last traded at C$15.08, with a volume of 9288 shares traded. The stock had previously closed at C$15.45.

Seabridge Gold Stock Performance

The stock has a market capitalization of C$1.44 billion, a P/E ratio of -111.04 and a beta of 1.09. The stock has a 50 day moving average of C$17.16 and a 200 day moving average of C$20.65. The company has a debt-to-equity ratio of 58.83, a quick ratio of 3.34 and a current ratio of 2.28.

About Seabridge Gold

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Seabridge Gold Inc, together with its subsidiaries, engages in the acquisition and exploration of gold properties in North America. The company also explores for gold, copper, silver, and molybdenum deposits. Its principal projects are the Kerr-Sulphurets-Mitchell property and Iskut project located in British Columbia, Canada; Courageous Lake property situated in Northwest Territories, Canada; Snowstorm project situated in the Nevada; and 3 Aces project located in the Yukon Territory.

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