Deutsche Bank AG lifted its stake in Seabridge Gold Inc. (NYSE:SA - Free Report) TSE: SEA by 61.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 268,785 shares of the basic materials company's stock after acquiring an additional 102,459 shares during the quarter. Deutsche Bank AG owned approximately 0.29% of Seabridge Gold worth $3,067,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in Seabridge Gold during the fourth quarter worth $12,676,000. Bank of America Corp DE raised its holdings in shares of Seabridge Gold by 138.6% in 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 during the period. Jane Street Group LLC raised its holdings in shares of Seabridge Gold by 159.1% in the 4th quarter. Jane Street Group LLC now owns 300,216 shares of the basic materials company's stock valued at $3,425,000 after purchasing an additional 184,341 shares during the period. Ontario Teachers Pension Plan Board lifted its stake in Seabridge Gold by 14.2% in 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 purchasing an additional 122,627 shares during the last quarter. Finally, Cubist Systematic Strategies LLC lifted its stake in Seabridge Gold by 76.9% in the 4th quarter. Cubist Systematic Strategies LLC now owns 280,288 shares of the basic materials company's stock valued at $3,198,000 after purchasing an additional 121,840 shares during the last quarter. Institutional investors own 34.85% of the company's stock.
Seabridge Gold Stock Performance
Seabridge Gold stock traded up $0.10 during midday trading on Monday, reaching $12.25. 540,057 shares of the company's stock were exchanged, compared to its average volume of 649,921. The stock's 50-day simple moving average is $11.86 and its 200 day simple moving average is $12.28. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of -48.98 and a beta of 0.67. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.28 and a current ratio of 2.28. Seabridge Gold Inc. has a 52 week low of $9.40 and a 52 week high of $20.55.
Seabridge Gold (NYSE:SA - Get Free Report) TSE: SEA last issued its earnings results on Tuesday, May 13th. The basic materials company reported $0.08 EPS for the quarter.
About Seabridge Gold
(
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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