Shares of Seabridge Gold Inc. (NYSE:SA - Get Free Report) TSE: SEA shot up 4.1% on Monday . The stock traded as high as $12.43 and last traded at $12.43. 291,429 shares traded hands during mid-day trading, a decline of 54% from the average session volume of 637,546 shares. The stock had previously closed at $11.94.
Seabridge Gold Trading Up 2.6 %
The business's 50 day simple moving average is $11.76 and its 200 day simple moving average is $12.77. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.28 and a quick ratio of 2.28. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of -50.44 and a beta of 0.67.
Seabridge Gold (NYSE:SA - Get Free Report) TSE: SEA last posted its quarterly earnings data on Thursday, March 27th. The basic materials company reported ($0.32) earnings per share for the quarter.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Banque Cantonale Vaudoise acquired a new position in Seabridge Gold during the first quarter worth $26,000. R Squared Ltd purchased a new stake in Seabridge Gold during the fourth quarter worth about $28,000. Lee Danner & Bass Inc. purchased a new position in Seabridge Gold in the fourth quarter valued at about $70,000. HighTower Advisors LLC purchased a new stake in shares of Seabridge Gold during the 4th quarter worth approximately $118,000. Finally, Ewing Morris & Co. Investment Partners Ltd. purchased a new position in Seabridge Gold in the 4th quarter valued at approximately $138,000. 34.85% of the stock is currently owned by institutional investors and hedge funds.
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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