Deutsche Bank AG grew its holdings in shares of Seabridge Gold Inc. (NYSE:SA - Free Report) TSE: SEA by 61.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 268,785 shares of the basic materials company's stock after purchasing an additional 102,459 shares during the quarter. Deutsche Bank AG owned approximately 0.29% of Seabridge Gold worth $3,067,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in the business. Raymond James Financial Inc. purchased a new stake in shares of Seabridge Gold during the 4th quarter valued at $12,676,000. Ontario Teachers Pension Plan Board increased its holdings 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 worth $11,220,000 after acquiring an additional 122,627 shares during the last quarter. Amundi increased its holdings in Seabridge Gold by 15.3% in the 4th quarter. Amundi now owns 648,968 shares of the basic materials company's stock worth $7,736,000 after acquiring an additional 86,046 shares during the last quarter. Bank of America Corp DE increased its holdings in 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 worth $4,729,000 after acquiring an additional 240,756 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Seabridge Gold by 0.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 378,751 shares of the basic materials company's stock worth $4,321,000 after acquiring an additional 2,663 shares during the last quarter. 34.85% of the stock is owned by hedge funds and other institutional investors.
Seabridge Gold Stock Performance
SA traded up $0.10 during trading hours on Friday, hitting $12.25. The stock had a trading volume of 540,057 shares, compared to its average volume of 648,525. The company's fifty day simple moving average is $11.86 and its 200 day simple moving average is $12.37. Seabridge Gold Inc. has a 1 year low of $9.40 and a 1 year high of $20.55. The stock has a market cap of $1.23 billion, a PE ratio of -48.98 and a beta of 0.67. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.59.
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 earnings per share 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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