SA Crosses Below Key Moving Average Level

In trading on Friday, shares of Seabridge Gold Inc (SA) crossed below their 200 day moving average of $8.46, changing hands as low as $8.34 per share. Seabridge Gold Inc shares are currently trading down about 4.3% on the day. The chart below shows the one year performance of SA shares, versus its 200 day moving average:

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Seabridge Gold Inc 200 Day Moving Average Chart

Looking at the chart above, SA's low point in its 52 week range is $6.65 per share, with $15.00 as the 52 week high point — that compares with a last trade of $8.40.

According to the ETF Finder at ETF Channel, SA makes up 5.73% of the Gold Explorers ETF ( GLDX) which is trading lower by about 2.9% on the day Friday.

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