Seabridge Gold Inc. (NYSE:SA) is Knoll Capital Management LLC's 9th Largest Position

Knoll Capital Management LLC grew its stake in Seabridge Gold Inc. (NYSE:SA - Free Report) TSE: SEA by 28.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 317,003 shares of the basic materials company's stock after buying an additional 70,406 shares during the quarter. Seabridge Gold makes up 2.6% of Knoll Capital Management LLC's portfolio, making the stock its 9th biggest holding. Knoll Capital Management LLC owned 0.35% of Seabridge Gold worth $5,322,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in SA. ORG Partners LLC raised its position 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 valued at $32,000 after purchasing an additional 1,655 shares during the period. US Bancorp DE raised its holdings in Seabridge Gold by 116.7% during the third quarter. US Bancorp DE now owns 2,232 shares of the basic materials company's stock valued at $37,000 after acquiring an additional 1,202 shares during the period. Mather Group LLC. purchased a new position in shares of Seabridge Gold in the second quarter valued at about $40,000. Signaturefd LLC boosted its stake in shares of Seabridge Gold by 66.9% in the third 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. Finally, Perkins Coie Trust Co purchased a new stake in shares of Seabridge Gold during the second quarter worth about $93,000. Institutional investors own 34.85% of the company's stock.

Seabridge Gold Price Performance

Shares of NYSE SA traded up $0.05 during mid-day trading on Friday, hitting $14.39. 224,444 shares of the company's stock traded hands, compared to its average volume of 516,178. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.28 and a quick ratio of 2.28. Seabridge Gold Inc. has a 1 year low of $9.31 and a 1 year high of $20.55. The company's 50-day moving average is $16.72 and its two-hundred day moving average is $16.03. The company has a market capitalization of $1.31 billion, a P/E ratio of -57.56 and a beta of 1.13.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Seabridge Gold to a "sell" rating in a research report on Monday, August 19th.

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.