Bank of Montreal Can lessened its stake in shares of Seabridge Gold Inc. (NYSE:SA - Free Report) TSE: SEA by 13.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 387,275 shares of the basic materials company's stock after selling 62,056 shares during the period. Bank of Montreal Can owned about 0.42% of Seabridge Gold worth $4,413,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Avantax Advisory Services Inc. raised its position in shares of Seabridge Gold by 6.1% during the fourth quarter. Avantax Advisory Services Inc. now owns 14,672 shares of the basic materials company's stock worth $167,000 after purchasing an additional 850 shares during the period. Geneos Wealth Management Inc. raised its holdings in Seabridge Gold by 2.3% during the 4th quarter. Geneos Wealth Management Inc. now owns 47,770 shares of the basic materials company's stock worth $545,000 after buying an additional 1,067 shares during the period. Geode Capital Management LLC raised its holdings in Seabridge Gold by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 37,649 shares of the basic materials company's stock worth $434,000 after buying an additional 1,171 shares during the period. Swiss National Bank lifted its stake in Seabridge Gold by 1.4% during the fourth quarter. Swiss National Bank now owns 150,200 shares of the basic materials company's stock valued at $1,713,000 after buying an additional 2,100 shares in the last quarter. Finally, CIBC Asset Management Inc boosted its holdings in shares of Seabridge Gold by 2.3% in the fourth quarter. CIBC Asset Management Inc now owns 93,729 shares of the basic materials company's stock worth $1,067,000 after buying an additional 2,128 shares during the period. 34.85% of the stock is owned by institutional investors.
Seabridge Gold Trading Down 2.4 %
Shares of Seabridge Gold stock traded down $0.31 during trading on Friday, hitting $12.55. The stock had a trading volume of 870,605 shares, compared to its average volume of 635,969. Seabridge Gold Inc. has a 1 year low of $9.40 and a 1 year high of $20.55. The stock has a 50 day simple moving average of $11.49 and a 200 day simple 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 company has a market capitalization of $1.26 billion, a PE ratio of -50.20 and a beta of 1.01.
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) earnings per share 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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