Seabridge Gold Inc. (NYSE:SA - Get Free Report) TSE: SEA gapped up prior to trading on Thursday . The stock had previously closed at $11.68, but opened at $11.94. Seabridge Gold shares last traded at $12.05, with a volume of 78,862 shares.
Seabridge Gold Price Performance
The business's 50 day moving average price is $11.84 and its 200-day moving average price is $13.97. 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 cap of $1.16 billion, a PE ratio of -46.12 and a beta of 1.00.
Seabridge Gold (NYSE:SA - Get Free Report) TSE: SEA last released 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
Institutional investors have recently made changes to their positions in the business. Bank of Montreal Can increased its position in shares of Seabridge Gold by 11.3% in the 3rd quarter. Bank of Montreal Can now owns 449,331 shares of the basic materials company's stock worth $7,733,000 after purchasing an additional 45,516 shares during the last quarter. Quantbot Technologies LP raised its stake in Seabridge Gold by 3.9% during the third quarter. Quantbot Technologies LP now owns 30,899 shares of the basic materials company's stock worth $519,000 after acquiring an additional 1,168 shares during the period. Verition Fund Management LLC bought a new position in Seabridge Gold in the third quarter worth about $339,000. Stansberry Asset Management LLC lifted its holdings in Seabridge Gold by 10.6% in the third quarter. Stansberry Asset Management LLC now owns 260,976 shares of the basic materials company's stock worth $4,382,000 after acquiring an additional 25,064 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in Seabridge Gold in the third quarter valued at approximately $339,000. 34.85% of the stock is owned by institutional investors and hedge funds.
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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