Mackenzie Financial Corp increased its holdings in Seabridge Gold Inc. (NYSE:SA - Free Report) TSE: SEA by 316.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 46,343 shares of the basic materials company's stock after buying an additional 35,209 shares during the period. Mackenzie Financial Corp owned 0.05% of Seabridge Gold worth $528,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of SA. R Squared Ltd bought a new position in shares of Seabridge Gold during the fourth quarter valued at about $28,000. Bleakley Financial Group LLC lifted its holdings in shares of Seabridge Gold by 18.2% during the fourth quarter. Bleakley Financial Group LLC now owns 18,732 shares of the basic materials company's stock valued at $214,000 after purchasing an additional 2,880 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in shares of Seabridge Gold by 4.9% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 262,737 shares of the basic materials company's stock valued at $2,998,000 after purchasing an additional 12,375 shares during the last quarter. Tcfg Wealth Management LLC raised its holdings in Seabridge Gold by 35.2% in the 4th quarter. Tcfg Wealth Management LLC now owns 22,675 shares of the basic materials company's stock worth $259,000 after acquiring an additional 5,900 shares during the last quarter. Finally, CIBC Asset Management Inc raised its holdings in Seabridge Gold by 2.3% in the 4th quarter. CIBC Asset Management Inc now owns 93,729 shares of the basic materials company's stock worth $1,067,000 after acquiring an additional 2,128 shares during the last quarter. 34.85% of the stock is currently owned by hedge funds and other institutional investors.
Seabridge Gold Stock Performance
SA traded up $0.68 during mid-day trading on Friday, reaching $14.53. 2,459,618 shares of the company traded hands, compared to its average volume of 670,334. Seabridge Gold Inc. has a 52-week low of $9.40 and a 52-week high of $20.55. The company's fifty day moving average price is $12.07 and its 200-day moving average price is $12.20. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $1.46 billion, a P/E ratio of -58.12 and a beta of 0.67.
Seabridge Gold (NYSE:SA - Get Free Report) TSE: SEA last released its quarterly earnings data 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.
Featured Articles
Before you consider Seabridge Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Seabridge Gold wasn't on the list.
While Seabridge Gold currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
