Seabridge Gold Inc. (NYSE:SA - Get Free Report) TSE: SEA traded up 6.8% on Monday . The company traded as high as $13.11 and last traded at $13.10. 267,304 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 650,449 shares. The stock had previously closed at $12.27.
Seabridge Gold Price Performance
The firm has a fifty day moving average of $12.01 and a two-hundred day moving average of $12.21. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $1.46 billion, a PE 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 earnings per share for the quarter.
Institutional Investors Weigh In On Seabridge Gold
Large investors have recently added to or reduced their stakes in the company. Amundi increased its holdings in Seabridge Gold by 15.3% during the 4th quarter. Amundi now owns 648,968 shares of the basic materials company's stock valued at $7,736,000 after purchasing an additional 86,046 shares during the period. Bleakley Financial Group LLC lifted its stake in Seabridge Gold by 18.2% in the fourth quarter. Bleakley Financial Group LLC now owns 18,732 shares of the basic materials company's stock worth $214,000 after acquiring an additional 2,880 shares during the period. Atria Wealth Solutions Inc. boosted its holdings in Seabridge Gold by 11.4% in the fourth quarter. Atria Wealth Solutions Inc. now owns 29,506 shares of the basic materials company's stock valued at $337,000 after acquiring an additional 3,029 shares in the last quarter. Swiss National Bank increased its position in Seabridge Gold by 1.4% during the 4th quarter. Swiss National Bank now owns 150,200 shares of the basic materials company's stock valued at $1,713,000 after purchasing an additional 2,100 shares during the period. Finally, Millennium Management LLC lifted its position in shares of Seabridge Gold by 121.8% in the 4th quarter. Millennium Management LLC now owns 318,803 shares of the basic materials company's stock worth $3,638,000 after purchasing an additional 175,078 shares during the period. Institutional investors own 34.85% of the company's stock.
About Seabridge Gold
(
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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.
Further Reading
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