Van Den Berg Management I Inc. Sells 76,506 Shares of Seabridge Gold Inc. (NYSE:SA)

Van Den Berg Management I Inc. trimmed its position in Seabridge Gold Inc. (NYSE:SA - Free Report) TSE: SEA by 10.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 624,774 shares of the basic materials company's stock after selling 76,506 shares during the period. Seabridge Gold comprises approximately 2.1% of Van Den Berg Management I Inc.'s holdings, making the stock its 19th largest holding. Van Den Berg Management I Inc. owned about 0.68% of Seabridge Gold worth $7,129,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new position in shares of Seabridge Gold during the 4th quarter worth about $28,000. Lee Danner & Bass Inc. bought a new stake in shares of Seabridge Gold in the 4th quarter valued at $70,000. HighTower Advisors LLC bought a new position in Seabridge Gold during the fourth quarter worth about $118,000. Uniting Wealth Partners LLC acquired a new stake in shares of Seabridge Gold during the fourth quarter worth about $139,000. Finally, Avantax Advisory Services Inc. lifted its stake in Seabridge Gold by 6.1% in the fourth quarter. Avantax Advisory Services Inc. now owns 14,672 shares of the basic materials company's stock valued at $167,000 after buying an additional 850 shares in the last quarter. 34.85% of the stock is currently owned by institutional investors and hedge funds.

Seabridge Gold Stock Down 1.1 %

Shares of SA stock traded down $0.14 on Tuesday, hitting $12.33. 178,286 shares of the stock were exchanged, compared to its average volume of 907,999. 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 firm has a market capitalization of $1.24 billion, a P/E ratio of -49.32 and a beta of 1.01. Seabridge Gold Inc. has a fifty-two week low of $9.40 and a fifty-two week high of $20.55. The business has a 50-day moving average of $11.52 and a 200 day moving average of $13.10.

Seabridge Gold (NYSE:SA - Get Free Report) TSE: SEA last issued its quarterly earnings results on Thursday, March 27th. The basic materials company reported ($0.32) EPS for the quarter.

Seabridge Gold Company Profile

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.