Aigen Investment Management LP purchased a new stake in Seabridge Gold Inc. (NYSE:SA - Free Report) TSE: SEA during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 23,202 shares of the basic materials company's stock, valued at approximately $265,000.
A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Tidal Investments LLC grew its holdings in shares of Seabridge Gold by 26.1% in the third quarter. Tidal Investments LLC now owns 2,767,574 shares of the basic materials company's stock valued at $46,468,000 after purchasing an additional 573,400 shares in the last quarter. Ontario Teachers Pension Plan Board raised its position in shares of Seabridge Gold by 20.7% in the 3rd quarter. Ontario Teachers Pension Plan Board now owns 862,077 shares of the basic materials company's stock worth $14,493,000 after acquiring an additional 148,088 shares in the last quarter. Crawford Fund Management LLC boosted its holdings in shares of Seabridge Gold by 50.6% in the 3rd quarter. Crawford Fund Management LLC now owns 317,089 shares of the basic materials company's stock valued at $5,325,000 after buying an additional 106,500 shares in the last quarter. Knoll Capital Management LLC increased its position in Seabridge Gold by 28.6% during the 3rd quarter. Knoll Capital Management LLC now owns 317,003 shares of the basic materials company's stock valued at $5,322,000 after buying an additional 70,406 shares in the last quarter. Finally, Bank of Montreal Can raised its stake in Seabridge Gold by 11.3% in the third quarter. Bank of Montreal Can now owns 449,331 shares of the basic materials company's stock valued at $7,733,000 after buying an additional 45,516 shares during the last quarter. 34.85% of the stock is currently owned by institutional investors.
Seabridge Gold Price Performance
NYSE SA traded down $1.21 on Monday, hitting $10.41. The company had a trading volume of 471,496 shares, compared to its average volume of 580,571. 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's fifty day moving average price is $11.87 and its 200-day moving average price is $14.55. The company has a market capitalization of $1.04 billion, a PE ratio of -41.70 and a beta of 1.00. Seabridge Gold Inc. has a 12-month low of $10.14 and a 12-month high of $20.55.
Seabridge Gold Profile
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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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