GPS Wealth Strategies Group LLC purchased a new position in Seabridge Gold Inc. (NYSE:SA - Free Report) TSE: SEA in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 40,750 shares of the basic materials company's stock, valued at approximately $476,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in SA. Lee Danner & Bass Inc. purchased a new position in shares of Seabridge Gold during the fourth quarter worth $70,000. HighTower Advisors LLC purchased a new position in shares of Seabridge Gold during the fourth quarter worth $118,000. Ewing Morris & Co. Investment Partners Ltd. acquired a new stake in Seabridge Gold during the fourth quarter valued at $138,000. Uniting Wealth Partners LLC acquired a new stake in Seabridge Gold during the fourth quarter valued at $139,000. Finally, Tudor Investment Corp ET AL acquired a new stake in Seabridge Gold during the fourth quarter valued at $140,000. Hedge funds and other institutional investors own 34.85% of the company's stock.
Seabridge Gold Stock Performance
SA stock traded down $0.05 during midday trading on Monday, hitting $14.88. 781,426 shares of the stock traded hands, compared to its average volume of 682,105. The firm has a market cap of $1.50 billion, a P/E ratio of -59.50 and a beta of 0.63. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.28 and a quick ratio of 2.28. The stock's fifty day simple moving average is $12.59 and its 200-day simple moving average is $12.17. Seabridge Gold Inc. has a 1-year low of $9.40 and a 1-year high of $20.55.
Seabridge Gold (NYSE:SA - Get Free Report) TSE: SEA last released its quarterly earnings results on Tuesday, May 13th. The basic materials company reported $0.08 EPS for the quarter.
Seabridge Gold Profile
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Free Report)
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. The company was formerly known as Seabridge Resources Inc and changed its name to Seabridge Gold Inc in June 2002.
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