Bank of America Corp DE lifted its position in shares of Seabridge Gold Inc. (NYSE:SA - Free Report) TSE: SEA by 138.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 414,500 shares of the basic materials company's stock after buying an additional 240,756 shares during the quarter. Bank of America Corp DE owned approximately 0.45% of Seabridge Gold worth $4,729,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Amundi lifted its stake in shares of Seabridge Gold by 15.3% during the 4th quarter. Amundi now owns 648,968 shares of the basic materials company's stock worth $7,736,000 after purchasing an additional 86,046 shares during the last quarter. Bleakley Financial Group LLC lifted its stake in shares of Seabridge Gold by 18.2% during the 4th quarter. Bleakley Financial Group LLC now owns 18,732 shares of the basic materials company's stock worth $214,000 after purchasing an additional 2,880 shares during the last quarter. Atria Wealth Solutions Inc. lifted its stake in shares of Seabridge Gold by 11.4% during the 4th quarter. Atria Wealth Solutions Inc. now owns 29,506 shares of the basic materials company's stock worth $337,000 after purchasing an additional 3,029 shares during the last quarter. Swiss National Bank lifted its stake in shares of Seabridge Gold by 1.4% during the 4th quarter. Swiss National Bank now owns 150,200 shares of the basic materials company's stock worth $1,713,000 after purchasing an additional 2,100 shares during the last quarter. Finally, Sprott Inc. lifted its stake in shares of Seabridge Gold by 13.0% during the 4th quarter. Sprott Inc. now owns 358,130 shares of the basic materials company's stock worth $4,086,000 after purchasing an additional 41,314 shares during the last quarter. Institutional investors own 34.85% of the company's stock.
Seabridge Gold Stock Up 4.4%
Shares of NYSE SA traded up $0.54 during mid-day trading on Monday, reaching $12.81. 1,080,402 shares of the company were exchanged, compared to its average volume of 653,523. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.59. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of -51.22 and a beta of 0.67. Seabridge Gold Inc. has a 1 year low of $9.40 and a 1 year high of $20.55. The firm has a 50-day moving average of $11.92 and a 200 day moving average of $12.20.
Seabridge Gold (NYSE:SA - Get Free Report) TSE: SEA last issued its quarterly earnings data on Tuesday, May 13th. The basic materials company reported $0.08 earnings per share for the quarter.
Seabridge Gold Company Profile
(
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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