Seabridge Gold Inc. (TSE:SEA) Insider Purchases C$67,708,892.97 in Stock

Seabridge Gold Inc. (TSE:SEA) (NYSE:SA) insider Pan Atlantic Holdings Ltd. (formerly: Pan Atlantic Bank and Trust Limited) bought 4,419,179 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The shares were acquired at an average cost of C$15.32 per share, for a total transaction of C$67,708,892.97.

Seabridge Gold Stock Performance

Shares of TSE:SEA traded up C$0.41 on Wednesday, hitting C$15.58. The company had a trading volume of 135,337 shares, compared to its average volume of 140,097. The stock has a 50 day moving average price of C$17.09 and a 200 day moving average price of C$20.56. The company has a current ratio of 2.28, a quick ratio of 3.34 and a debt-to-equity ratio of 58.83. The stock has a market cap of C$1.43 billion, a price-to-earnings ratio of -110.33 and a beta of 1.09. Seabridge Gold Inc. has a 1-year low of C$14.70 and a 1-year high of C$28.39.

Seabridge Gold Company Profile

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.