Russell Investments Group Ltd. decreased its stake in shares of Seabridge Gold Inc. (NYSE:SA - Free Report) TSE: SEA by 17.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 717,488 shares of the basic materials company's stock after selling 148,942 shares during the quarter. Russell Investments Group Ltd. owned about 0.78% of Seabridge Gold worth $8,183,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Fiduciary Family Office LLC acquired a new position in Seabridge Gold during the fourth quarter worth approximately $317,000. Geode Capital Management LLC increased its holdings in shares of Seabridge Gold by 11.6% during the 3rd quarter. Geode Capital Management LLC now owns 36,478 shares of the basic materials company's stock worth $615,000 after acquiring an additional 3,794 shares during the last quarter. Bleakley Financial Group LLC raised its stake in Seabridge Gold by 18.2% in the 4th quarter. Bleakley Financial Group LLC now owns 18,732 shares of the basic materials company's stock valued at $214,000 after acquiring an additional 2,880 shares during the period. Amundi lifted its holdings in Seabridge Gold by 15.3% during the 4th 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. Finally, Atria Wealth Solutions Inc. boosted its position in Seabridge Gold by 11.4% during the fourth quarter. Atria Wealth Solutions Inc. now owns 29,506 shares of the basic materials company's stock worth $337,000 after purchasing an additional 3,029 shares during the period. Institutional investors own 34.85% of the company's stock.
Seabridge Gold Stock Performance
Shares of SA traded down $0.31 during trading hours on Friday, hitting $12.55. The company had a trading volume of 870,605 shares, compared to its average volume of 635,969. The business has a fifty day moving average of $11.49 and a 200-day moving average of $13.37. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.59. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of -50.20 and a beta of 1.01. Seabridge Gold Inc. has a 12 month low of $9.40 and a 12 month high of $20.55.
Seabridge Gold (NYSE:SA - Get Free Report) TSE: SEA last issued its quarterly earnings data on Thursday, March 27th. The basic materials company reported ($0.32) earnings per share (EPS) for the quarter.
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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