Everett Harris & Co. CA Invests $158,000 in Seabridge Gold Inc. (NYSE:SA)

Everett Harris & Co. CA acquired a new position in shares of Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 13,000 shares of the basic materials company’s stock, valued at approximately $158,000.

Several other institutional investors have also modified their holdings of SA. Harbour Investments Inc. raised its holdings in shares of Seabridge Gold by 360.1% in the third quarter. Harbour Investments Inc. now owns 2,926 shares of the basic materials company’s stock worth $31,000 after buying an additional 2,290 shares during the period. Tower Research Capital LLC TRC increased its stake in Seabridge Gold by 203.1% in the 3rd quarter. Tower Research Capital LLC TRC now owns 3,334 shares of the basic materials company’s stock worth $40,000 after buying an additional 2,234 shares during the period. Chilton Capital Management LLC purchased a new stake in Seabridge Gold in the 1st quarter valued at about $44,000. Deutsche Bank AG bought a new position in Seabridge Gold in the 4th quarter worth about $65,000. Finally, Great West Life Assurance Co. Can increased its position in shares of Seabridge Gold by 64.0% during the first quarter. Great West Life Assurance Co. Can now owns 3,836 shares of the basic materials company’s stock worth $75,000 after acquiring an additional 1,497 shares during the period. 34.85% of the stock is owned by institutional investors.

Seabridge Gold Stock Up 9.4 %

Shares of SA traded up $1.30 during midday trading on Thursday, hitting $15.12. 1,315,510 shares of the company’s stock traded hands, compared to its average volume of 512,566. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of -50.40 and a beta of 1.07. The firm’s fifty day moving average is $11.67 and its 200-day moving average is $11.51. Seabridge Gold Inc. has a 1 year low of $9.31 and a 1 year high of $16.18.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Seabridge Gold to a “sell” rating in a research note on Monday, January 15th.

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. Its principal projects are the Kerr-Sulphurets-Mitchell property and Iskut project located in British Columbia, Canada; Courageous Lake property situated in Northwest Territories, Canada; Snowstorm project situated in the Nevada; and 3 Aces project located in the Yukon Territory.