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

Seabridge Gold Price Performance

Shares of Seabridge Gold stock opened at C$16.71 on Friday. The company has a market capitalization of C$1.54 billion, a price-to-earnings ratio of -118.33 and a beta of 1.09. The company has a quick ratio of 3.34, a current ratio of 2.28 and a debt-to-equity ratio of 58.83. Seabridge Gold Inc. has a 52 week low of C$14.70 and a 52 week high of C$28.39. The stock’s 50-day simple moving average is C$17.05 and its 200-day simple moving average is C$20.43.

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.