Quantbot Technologies LP Grows Stake in Seabridge Gold Inc. (NYSE:SA)

Quantbot Technologies LP lifted its position in Seabridge Gold Inc. (NYSE:SA - Free Report) TSE: SEA by 100.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 61,962 shares of the basic materials company's stock after purchasing an additional 31,063 shares during the quarter. Quantbot Technologies LP owned about 0.07% of Seabridge Gold worth $707,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of Montreal Can boosted its position in shares of Seabridge Gold by 11.3% during the 3rd quarter. Bank of Montreal Can now owns 449,331 shares of the basic materials company's stock worth $7,733,000 after purchasing an additional 45,516 shares during the period. Crawford Fund Management LLC lifted its stake in Seabridge Gold by 50.6% during the third quarter. Crawford Fund Management LLC now owns 317,089 shares of the basic materials company's stock worth $5,325,000 after purchasing an additional 106,500 shares in the last quarter. Verition Fund Management LLC purchased a new position in shares of Seabridge Gold during the third quarter worth $339,000. Knoll Capital Management LLC grew its stake in shares of Seabridge Gold by 28.6% in the third 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, Stansberry Asset Management LLC grew its stake in shares of Seabridge Gold by 10.6% in the third quarter. Stansberry Asset Management LLC now owns 260,976 shares of the basic materials company's stock valued at $4,382,000 after buying an additional 25,064 shares in the last quarter. 34.85% of the stock is currently owned by institutional investors and hedge funds.

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Seabridge Gold Trading Down 3.8 %

Seabridge Gold stock traded down $0.47 during midday trading on Friday, reaching $11.80. 1,044,987 shares of the stock traded hands, compared to its average volume of 614,311. The firm has a market cap of $1.18 billion, a PE ratio of -47.21 and a beta of 1.00. 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 company has a 50-day simple moving average of $11.84 and a two-hundred day simple moving average of $13.99. Seabridge Gold Inc. has a 12-month low of $10.14 and a 12-month high of $20.55.

Seabridge Gold (NYSE:SA - Get Free Report) TSE: SEA last released its earnings results on Thursday, March 27th. The basic materials company reported ($0.32) earnings per share (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.