JPMorgan Chase & Co. raised its position in shares of Seabridge Gold Inc. (NYSE:SA - Free Report) TSE: SEA by 459.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 135,269 shares of the basic materials company's stock after purchasing an additional 111,084 shares during the quarter. JPMorgan Chase & Co. owned 0.15% of Seabridge Gold worth $1,543,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in Seabridge Gold in the 4th quarter worth about $12,676,000. Tidal Investments LLC grew its stake 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 worth $46,468,000 after acquiring an additional 573,400 shares during the period. Amundi raised its holdings in shares of Seabridge Gold by 15.3% during the fourth 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 last quarter. Semanteon Capital Management LP bought a new position in Seabridge Gold during the fourth quarter valued at approximately $699,000. Finally, Sprott Inc. boosted its holdings in Seabridge Gold by 13.0% in the fourth quarter. Sprott Inc. now owns 358,130 shares of the basic materials company's stock worth $4,086,000 after purchasing an additional 41,314 shares during the last quarter. 34.85% of the stock is owned by hedge funds and other institutional investors.
Seabridge Gold Price Performance
Shares of SA opened at $12.34 on Friday. The firm has a market cap of $1.24 billion, a PE ratio of -49.36 and a beta of 1.01. Seabridge Gold Inc. has a 1-year low of $9.40 and a 1-year high of $20.55. 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 fifty day simple moving average of $11.51 and a two-hundred day simple moving average of $13.19.
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) EPS for the quarter.
About Seabridge Gold
(
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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