HighTower Advisors LLC Makes New $118,000 Investment in Seabridge Gold Inc. (NYSE:SA)

HighTower Advisors LLC purchased a new stake in shares of Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 10,350 shares of the basic materials company’s stock, valued at approximately $118,000.

Several other institutional investors also recently modified their holdings of the business. Verition Fund Management LLC bought a new stake in Seabridge Gold in the 3rd quarter worth approximately $339,000. Public Employees Retirement System of Ohio purchased a new position in shares of Seabridge Gold in the 3rd quarter worth $339,000. Geode Capital Management LLC grew its holdings in shares of Seabridge Gold by 11.6% in the third quarter. Geode Capital Management LLC now owns 36,478 shares of the basic materials company’s stock worth $615,000 after acquiring an additional 3,794 shares during the period. Strait & Sound Wealth Management LLC increased its position in Seabridge Gold by 1.8% during the third quarter. Strait & Sound Wealth Management LLC now owns 112,853 shares of the basic materials company’s stock valued at $1,895,000 after acquiring an additional 1,999 shares during the last quarter. Finally, Toronto Dominion Bank lifted its holdings in Seabridge Gold by 0.4% in the third quarter. Toronto Dominion Bank now owns 1,005,928 shares of the basic materials company’s stock valued at $16,890,000 after acquiring an additional 3,734 shares during the period. 34.85% of the stock is owned by hedge funds and other institutional investors.

Seabridge Gold Trading Down 9.7 %

Seabridge Gold stock opened at $10.01 on Friday. Seabridge Gold Inc. has a 52-week low of $9.90 and a 52-week high of $20.55. The company has a market cap of $1.00 billion, a P/E ratio of -40.02 and a beta of 1.00. 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 business has a 50-day simple moving average of $11.74 and a two-hundred day simple moving average of $13.80.

Seabridge Gold (NYSE:SA) (TSE:SEA) last issued its quarterly earnings data on Thursday, March 27th. The basic materials company reported ($0.32) earnings per share (EPS) for the quarter.

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.