Bleakley Financial Group LLC Boosts Stock Position in Seabridge Gold, Inc. (NYSE:SA)

Bleakley Financial Group LLC raised its stake in Seabridge Gold, Inc. (NYSE:SA - Free Report) TSE: SEA by 204.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 56,980 shares of the basic materials company's stock after acquiring an additional 38,248 shares during the period. Bleakley Financial Group LLC owned approximately 0.06% of Seabridge Gold worth $665,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in shares of Seabridge Gold during the fourth quarter worth about $12,676,000. Ontario Teachers Pension Plan Board boosted its holdings in Seabridge Gold by 14.2% during the 4th quarter. Ontario Teachers Pension Plan Board now owns 984,704 shares of the basic materials company's stock valued at $11,220,000 after acquiring an additional 122,627 shares during the period. Alps Advisors Inc. raised its position in Seabridge Gold by 25.1% during the 1st quarter. Alps Advisors Inc. now owns 474,191 shares of the basic materials company's stock valued at $5,534,000 after purchasing an additional 95,221 shares in the last quarter. Bank of America Corp DE raised its position in Seabridge Gold by 138.6% during the 4th quarter. Bank of America Corp DE now owns 414,500 shares of the basic materials company's stock valued at $4,729,000 after purchasing an additional 240,756 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Seabridge Gold by 0.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 378,751 shares of the basic materials company's stock valued at $4,321,000 after purchasing an additional 2,663 shares in the last quarter. 34.85% of the stock is owned by hedge funds and other institutional investors.

Seabridge Gold Stock Up 0.7%

Shares of SA traded up $0.10 during trading hours on Thursday, hitting $15.86. The company had a trading volume of 460,642 shares, compared to its average volume of 706,502. The company has a market capitalization of $1.59 billion, a PE ratio of -158.64 and a beta of 0.67. The company has a current ratio of 9.53, a quick ratio of 9.53 and a debt-to-equity ratio of 0.56. Seabridge Gold, Inc. has a one year low of $9.40 and a one year high of $20.55. The company's fifty day moving average price is $13.86 and its two-hundred day moving average price is $12.53.

Seabridge Gold (NYSE:SA - Get Free Report) TSE: SEA last announced its earnings results on Tuesday, May 13th. The basic materials company reported $0.08 earnings per share (EPS) for the quarter.

Seabridge Gold 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. The company was formerly known as Seabridge Resources Inc and changed its name to Seabridge Gold Inc in June 2002.