Insider Buying: Seabridge Gold Inc. (TSE:SEA) Insider Purchases 4,419,179 Shares of Stock

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

Seabridge Gold Stock Up 2.7 %

Shares of TSE SEA opened at C$15.58 on Thursday. Seabridge Gold Inc. has a 12-month low of C$14.70 and a 12-month high of C$28.39. The company has a market cap of C$1.43 billion, a P/E ratio of -110.33 and a beta of 1.09. 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 fifty day moving average price of C$17.06 and a 200 day moving average price of C$20.51.

About Seabridge Gold

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.