Sprott Inc. lifted its stake in shares of Seabridge Gold Inc. (NYSE:SA - Free Report) TSE: SEA by 13.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 358,130 shares of the basic materials company's stock after purchasing an additional 41,314 shares during the period. Sprott Inc. owned 0.39% of Seabridge Gold worth $4,086,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Van ECK Associates Corp grew its stake in Seabridge Gold by 0.7% in the 3rd quarter. Van ECK Associates Corp now owns 3,743,332 shares of the basic materials company's stock valued at $62,851,000 after buying an additional 25,461 shares in the last quarter. Tidal Investments LLC grew its stake in 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 buying an additional 573,400 shares in the last quarter. Toronto Dominion Bank grew its stake in Seabridge Gold by 0.4% in the 3rd quarter. Toronto Dominion Bank now owns 1,005,928 shares of the basic materials company's stock valued at $16,890,000 after buying an additional 3,734 shares in the last quarter. Ontario Teachers Pension Plan Board grew its stake in Seabridge Gold by 20.7% in the 3rd quarter. Ontario Teachers Pension Plan Board now owns 862,077 shares of the basic materials company's stock valued at $14,493,000 after buying an additional 148,088 shares in the last quarter. Finally, Bank of Montreal Can grew its stake in 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 valued at $7,733,000 after buying an additional 45,516 shares in the last quarter. Hedge funds and other institutional investors own 34.85% of the company's stock.
Seabridge Gold Stock Performance
Seabridge Gold stock traded up $0.14 during mid-day trading on Friday, reaching $10.83. The company's stock had a trading volume of 1,202,072 shares, compared to its average volume of 551,841. Seabridge Gold Inc. has a 12-month low of $10.35 and a 12-month high of $20.55. The company has a market capitalization of $1.07 billion, a P/E ratio of -43.30 and a beta of 1.11. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.28 and a current ratio of 2.28. The firm's fifty day moving average price is $11.95 and its two-hundred day moving average price is $14.82.
Seabridge Gold Company Profile
(
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.
Featured Stories
Before you consider Seabridge Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Seabridge Gold wasn't on the list.
While Seabridge Gold currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
