Seabridge Gold Inc. (NYSE:SA - Get Free Report) TSE: SEA's stock price gapped up before the market opened on Wednesday . The stock had previously closed at $12.46, but opened at $12.89. Seabridge Gold shares last traded at $13.14, with a volume of 263,166 shares changing hands.
Seabridge Gold Trading Up 0.6 %
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's 50 day moving average is $11.48 and its two-hundred day moving average is $13.29. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of -50.44 and a beta of 1.01.
Seabridge Gold (NYSE:SA - Get Free Report) TSE: SEA last announced its quarterly earnings results on Thursday, March 27th. The basic materials company reported ($0.32) earnings per share (EPS) for the quarter.
Hedge Funds Weigh In On Seabridge Gold
Several institutional investors have recently modified their holdings of SA. Tidal Investments LLC increased its stake in shares of 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 purchasing an additional 573,400 shares during the period. Raymond James Financial Inc. bought a new stake in Seabridge Gold during the 4th quarter valued at $12,676,000. Ontario Teachers Pension Plan Board boosted its position in 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 worth $11,220,000 after acquiring an additional 122,627 shares during the period. Amundi grew its stake in shares of Seabridge Gold by 15.3% in the fourth quarter. Amundi now owns 648,968 shares of the basic materials company's stock worth $7,736,000 after purchasing an additional 86,046 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of Seabridge Gold by 138.6% during the fourth quarter. Bank of America Corp DE now owns 414,500 shares of the basic materials company's stock valued at $4,729,000 after purchasing an additional 240,756 shares during the period. Institutional investors own 34.85% of the company's stock.
About Seabridge Gold
(
Get 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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