Seabridge Gold Inc. (NYSE:SA - Get Free Report) TSE: SEA shares saw unusually-high trading volume on Friday . Approximately 709,767 shares were traded during trading, a decline of 19% from the previous session's volume of 875,801 shares.The stock last traded at $14.49 and had previously closed at $13.85.
Seabridge Gold Price Performance
The stock has a market cap of $1.45 billion, a PE ratio of -57.55 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. The company's fifty day moving average is $12.01 and its 200 day moving average is $12.21.
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.
Institutional Investors Weigh In On Seabridge Gold
Several institutional investors and hedge funds have recently modified their holdings of the stock. Kopernik Global Investors LLC raised its holdings in shares of Seabridge Gold by 141.0% during the 1st quarter. Kopernik Global Investors LLC now owns 7,342,955 shares of the basic materials company's stock valued at $85,692,000 after buying an additional 4,295,907 shares during the period. Ontario Teachers Pension Plan Board raised its stake in shares of Seabridge Gold by 36.6% during the first quarter. Ontario Teachers Pension Plan Board now owns 1,344,887 shares of the basic materials company's stock valued at $15,657,000 after purchasing an additional 360,183 shares during the period. Raymond James Financial Inc. lifted its position in shares of Seabridge Gold by 7.9% during the first quarter. Raymond James Financial Inc. now owns 1,199,101 shares of the basic materials company's stock worth $13,994,000 after purchasing an additional 88,115 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Seabridge Gold by 66.3% in the first quarter. Russell Investments Group Ltd. now owns 1,192,840 shares of the basic materials company's stock valued at $13,903,000 after purchasing an additional 475,352 shares during the period. Finally, Amundi grew its holdings in Seabridge Gold by 30.3% during the 1st quarter. Amundi now owns 845,655 shares of the basic materials company's stock valued at $9,370,000 after purchasing an additional 196,687 shares in the last quarter. Hedge funds and other institutional investors own 34.85% of the company's stock.
Seabridge Gold Company Profile
(
Get 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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