Bleakley Financial Group LLC Acquires 38,248 Shares of Seabridge Gold, Inc. (NYSE:SA)

Bleakley Financial Group LLC lifted its stake in shares of Seabridge Gold, Inc. (NYSE:SA - Free Report) TSE: SEA by 204.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 56,980 shares of the basic materials company's stock after purchasing an additional 38,248 shares during the period. Bleakley Financial Group LLC owned 0.06% of Seabridge Gold worth $665,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new position in shares of Seabridge Gold during the 4th quarter worth approximately $12,676,000. HighTower Advisors LLC bought a new position in shares of Seabridge Gold in the fourth quarter worth $118,000. Avantax Advisory Services Inc. lifted its position in Seabridge Gold by 6.1% during the fourth quarter. Avantax Advisory Services Inc. now owns 14,672 shares of the basic materials company's stock worth $167,000 after purchasing an additional 850 shares during the period. Swiss National Bank lifted its position in Seabridge Gold by 1.4% during the fourth 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 period. Finally, Privium Fund Management B.V. grew its stake in Seabridge Gold by 12.2% during the fourth quarter. Privium Fund Management B.V. now owns 35,987 shares of the basic materials company's stock worth $411,000 after buying an additional 3,900 shares in the last quarter. Institutional investors own 34.85% of the company's stock.

Seabridge Gold Trading Down 0.9%

NYSE:SA traded down $0.14 on Friday, reaching $15.71. 559,725 shares of the stock traded hands, compared to its average volume of 709,339. The company's 50 day moving average is $13.93 and its 200-day moving average is $12.57. 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 1-year low of $9.40 and a 1-year high of $20.55. The firm has a market capitalization of $1.58 billion, a price-to-earnings ratio of -157.10 and a beta of 0.67.

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

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