Nuveen LLC acquired a new position in shares of Seabridge Gold, Inc. (NYSE:SA - Free Report) TSE: SEA during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 66,478 shares of the basic materials company's stock, valued at approximately $774,000. Nuveen LLC owned about 0.07% of Seabridge Gold at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Banque Cantonale Vaudoise acquired a new position in shares of Seabridge Gold during the 1st quarter worth about $26,000. Ewing Morris & Co. Investment Partners Ltd. bought a new position in Seabridge Gold in the 4th quarter valued at about $138,000. Tudor Investment Corp ET AL bought a new position in Seabridge Gold in the 4th quarter valued at about $140,000. CWM LLC raised its holdings in Seabridge Gold by 13.4% in the 1st quarter. CWM LLC now owns 15,026 shares of the basic materials company's stock valued at $175,000 after acquiring an additional 1,775 shares during the period. Finally, XTX Topco Ltd bought a new position in Seabridge Gold in the 1st quarter valued at about $257,000. 34.85% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen cut shares of Seabridge Gold from a "hold" rating to a "sell" rating in a report on Saturday, August 16th.
Get Our Latest Report on SA
Seabridge Gold Stock Performance
Shares of NYSE:SA traded up $0.40 on Friday, reaching $17.74. 847,123 shares of the company's stock were exchanged, compared to its average volume of 859,264. The company has a fifty day moving average of $16.19 and a 200-day moving average of $13.64. Seabridge Gold, Inc. has a twelve month low of $9.40 and a twelve month high of $20.55. The company has a market capitalization of $1.81 billion, a price-to-earnings ratio of -46.67 and a beta of 0.68. The company has a current ratio of 4.24, a quick ratio of 4.24 and a debt-to-equity ratio of 0.57.
Seabridge Gold (NYSE:SA - Get Free Report) TSE: SEA last announced its earnings results on Wednesday, August 13th. The basic materials company reported $0.09 earnings per share (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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