Banque Cantonale Vaudoise Trims Stock Holdings in Seabridge Gold Inc. (NYSE:SA)

Banque Cantonale Vaudoise lessened its position in shares of Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 67.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,415 shares of the basic materials company’s stock after selling 5,060 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Seabridge Gold were worth $41,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. ORG Partners LLC lifted its position in Seabridge Gold by 735.6% during the third quarter. ORG Partners LLC now owns 1,880 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 1,655 shares during the period. US Bancorp DE lifted its holdings in shares of Seabridge Gold by 116.7% in the 3rd quarter. US Bancorp DE now owns 2,232 shares of the basic materials company’s stock valued at $37,000 after buying an additional 1,202 shares during the period. Mather Group LLC. purchased a new stake in shares of Seabridge Gold in the second quarter worth about $40,000. Signaturefd LLC grew its holdings in Seabridge Gold by 66.9% during the third quarter. Signaturefd LLC now owns 2,773 shares of the basic materials company’s stock worth $47,000 after acquiring an additional 1,112 shares during the period. Finally, Perkins Coie Trust Co purchased a new position in Seabridge Gold during the second quarter valued at approximately $93,000. 34.85% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Seabridge Gold to a “sell” rating in a research note on Monday, August 19th.

Seabridge Gold Price Performance

SA opened at $15.09 on Friday. The company has a fifty day moving average of $17.02 and a two-hundred day moving average of $16.06. The stock has a market capitalization of $1.37 billion, a price-to-earnings ratio of -60.36 and a beta of 1.13. Seabridge Gold Inc. has a fifty-two week low of $9.31 and a fifty-two week 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 Company 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.