Seabridge Gold Inc. (NYSE:SA - Get Free Report) TSE: SEA shares were down 4.8% during trading on Wednesday . The stock traded as low as $19.50 and last traded at $19.54. Approximately 289,393 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 497,452 shares. The stock had previously closed at $20.53.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded Seabridge Gold to a "sell" rating in a report on Monday, August 19th.
Read Our Latest Research Report on SA
Seabridge Gold Stock Performance
The company has a debt-to-equity ratio of 0.57, a current ratio of 2.11 and a quick ratio of 2.11. The stock has a 50-day moving average price of $17.43 and a 200-day moving average price of $15.91. The firm has a market capitalization of $1.73 billion, a PE ratio of -274.43 and a beta of 1.14.
Seabridge Gold (NYSE:SA - Get Free Report) TSE: SEA last posted its quarterly earnings data on Tuesday, August 13th. The basic materials company reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.34.
Hedge Funds Weigh In On Seabridge Gold
A number of large investors have recently bought and sold shares of the business. ORG Partners LLC boosted its holdings in shares of Seabridge Gold by 735.6% during the third quarter. ORG Partners LLC now owns 1,880 shares of the basic materials company's stock valued at $32,000 after acquiring an additional 1,655 shares during the period. Larson Financial Group LLC bought a new position in Seabridge Gold in the 1st quarter worth about $30,000. Mather Group LLC. acquired a new stake in shares of Seabridge Gold in the second quarter valued at approximately $40,000. Signaturefd LLC raised its holdings in shares of Seabridge Gold by 66.9% during the third quarter. Signaturefd LLC now owns 2,773 shares of the basic materials company's stock valued at $47,000 after buying an additional 1,112 shares during the last quarter. Finally, Perkins Coie Trust Co acquired a new position in shares of Seabridge Gold during the second quarter worth approximately $93,000. Institutional investors own 34.85% of the company's stock.
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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