Semanteon Capital Management LP Takes $699,000 Position in Seabridge Gold Inc. (NYSE:SA)

Semanteon Capital Management LP bought a new position in shares of Seabridge Gold Inc. (NYSE:SA - Free Report) TSE: SEA in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 61,249 shares of the basic materials company's stock, valued at approximately $699,000. Semanteon Capital Management LP owned 0.07% of Seabridge Gold as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Tidal Investments LLC boosted its position 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 acquiring an additional 573,400 shares during the period. Raymond James Financial Inc. bought a new stake in Seabridge Gold in the 4th quarter valued at about $12,676,000. Toronto Dominion Bank grew its position in shares of 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. Amundi increased its holdings in shares of Seabridge Gold by 15.3% during 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 during the period. Finally, Bank of Montreal Can raised its position in shares of Seabridge Gold by 11.3% in the third quarter. Bank of Montreal Can now owns 449,331 shares of the basic materials company's stock valued at $7,733,000 after buying an additional 45,516 shares in the last quarter. 34.85% of the stock is owned by institutional investors.

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Seabridge Gold Price Performance

Shares of NYSE SA traded down $0.19 during mid-day trading on Wednesday, reaching $11.69. The company had a trading volume of 391,685 shares, compared to its average volume of 587,587. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of -46.74 and a beta of 1.00. The business's 50-day simple moving average is $11.84 and its 200 day simple moving average is $14.07. Seabridge Gold Inc. has a one year low of $10.14 and a one year high of $20.55. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.28 and a current ratio of 2.28.

Seabridge Gold Profile

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.