Seabridge Gold Inc. (NYSE:SA - Get Free Report) TSE: SEA hit a new 52-week low during trading on Friday . The company traded as low as $10.07 and last traded at $10.12, with a volume of 224579 shares traded. The stock had previously closed at $11.08.
Seabridge Gold Stock Performance
The stock has a 50 day moving average of $11.62 and a 200 day moving average of $13.62. 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 $974.54 million, a price-to-earnings ratio of -38.90 and a beta of 1.01.
Seabridge Gold (NYSE:SA - Get Free Report) TSE: SEA last issued its earnings results on Thursday, March 27th. The basic materials company reported ($0.32) EPS for the quarter.
Hedge Funds Weigh In On Seabridge Gold
A number of institutional investors have recently modified their holdings of SA. Tidal Investments LLC boosted its stake in Seabridge Gold by 26.1% in the third quarter. Tidal Investments LLC now owns 2,767,574 shares of the basic materials company's stock valued at $46,468,000 after buying an additional 573,400 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Seabridge Gold during the 4th quarter valued at approximately $12,676,000. Toronto Dominion Bank increased its position in Seabridge Gold by 0.4% during the 3rd quarter. Toronto Dominion Bank now owns 1,005,928 shares of the basic materials company's stock worth $16,890,000 after purchasing an additional 3,734 shares in the last quarter. Ontario Teachers Pension Plan Board lifted its stake in Seabridge Gold by 14.2% in 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 purchasing an additional 122,627 shares during the last quarter. Finally, Amundi boosted its position in Seabridge Gold by 15.3% in the fourth quarter. Amundi now owns 648,968 shares of the basic materials company's stock valued at $7,736,000 after buying an additional 86,046 shares in the last quarter. Institutional investors and hedge funds own 34.85% of the company's stock.
Seabridge Gold Company Profile
(
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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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