Jump Financial LLC cut its holdings in shares of Seabridge Gold Inc. (NYSE:SA - Free Report) TSE: SEA by 66.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,867 shares of the basic materials company's stock after selling 35,955 shares during the period. Jump Financial LLC's holdings in Seabridge Gold were worth $204,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of SA. Raymond James Financial Inc. acquired a new stake in Seabridge Gold during the fourth quarter valued at approximately $12,676,000. Tidal Investments LLC increased its holdings in shares of Seabridge Gold by 26.1% in the 3rd quarter. Tidal Investments LLC now owns 2,767,574 shares of the basic materials company's stock valued at $46,468,000 after acquiring an additional 573,400 shares during the last quarter. Ontario Teachers Pension Plan Board raised its position in shares of Seabridge Gold by 14.2% during the 4th quarter. Ontario Teachers Pension Plan Board now owns 984,704 shares of the basic materials company's stock valued at $11,220,000 after acquiring an additional 122,627 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Seabridge Gold by 459.3% during the 4th quarter. JPMorgan Chase & Co. now owns 135,269 shares of the basic materials company's stock valued at $1,543,000 after acquiring an additional 111,084 shares in the last quarter. Finally, Amundi raised its position in shares of 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 acquiring an additional 86,046 shares in the last quarter. 34.85% of the stock is currently owned by institutional investors and hedge funds.
Seabridge Gold Stock Performance
SA stock opened at $12.48 on Tuesday. 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 firm has a market cap of $1.25 billion, a P/E ratio of -49.92 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. The stock's 50 day simple moving average is $11.52 and its 200 day simple moving average is $13.10.
Seabridge Gold (NYSE:SA - Get Free Report) TSE: SEA last posted its quarterly earnings results on Thursday, March 27th. The basic materials company reported ($0.32) earnings per share (EPS) for the quarter.
Seabridge Gold Company 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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