FMR LLC lowered its holdings in Seabridge Gold Inc. (NYSE:SA - Free Report) TSE: SEA by 14.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 712,901 shares of the basic materials company's stock after selling 119,299 shares during the period. FMR LLC owned approximately 0.79% of Seabridge Gold worth $11,970,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the business. CIBC Asset Management Inc lifted its holdings in shares of Seabridge Gold by 1.1% during the 3rd quarter. CIBC Asset Management Inc now owns 91,601 shares of the basic materials company's stock worth $1,541,000 after acquiring an additional 959 shares during the period. Signaturefd LLC lifted its holdings in shares of Seabridge Gold by 66.9% during the 3rd quarter. Signaturefd LLC now owns 2,773 shares of the basic materials company's stock worth $47,000 after acquiring an additional 1,112 shares during the period. US Bancorp DE lifted its holdings in shares of Seabridge Gold by 116.7% during the 3rd quarter. US Bancorp DE now owns 2,232 shares of the basic materials company's stock worth $37,000 after acquiring an additional 1,202 shares during the period. ORG Partners LLC lifted its holdings in shares of Seabridge Gold by 735.6% during the 3rd quarter. ORG Partners LLC now owns 1,880 shares of the basic materials company's stock worth $32,000 after acquiring an additional 1,655 shares during the period. Finally, Banque Cantonale Vaudoise lifted its holdings in shares of Seabridge Gold by 33.4% during the 2nd quarter. Banque Cantonale Vaudoise now owns 7,475 shares of the basic materials company's stock worth $102,000 after acquiring an additional 1,871 shares during the period. Institutional investors own 34.85% of the company's stock.
Seabridge Gold Price Performance
NYSE:SA traded down $0.53 on Thursday, hitting $13.70. The company had a trading volume of 272,909 shares, compared to its average volume of 514,209. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of -55.08 and a beta of 1.07. 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 50 day moving average of $16.18 and a two-hundred day moving average of $15.98. Seabridge Gold Inc. has a 52 week low of $9.31 and a 52 week high of $20.55.
Analyst Ratings Changes
Separately, StockNews.com raised shares of Seabridge Gold to a "sell" rating in a research note on Monday, August 19th.
Check Out Our Latest Report on Seabridge Gold
Seabridge Gold Company Profile
(
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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