Tudor Investment Corp ET AL purchased a new position in Seabridge Gold Inc. (NYSE:SA – Free Report) (TSE:SEA) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,295 shares of the basic materials company’s stock, valued at approximately $140,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of SA. Avantax Advisory Services Inc. lifted its holdings in Seabridge Gold by 6.1% in the 4th quarter. Avantax Advisory Services Inc. now owns 14,672 shares of the basic materials company’s stock worth $167,000 after purchasing an additional 850 shares in the last quarter. Nebula Research & Development LLC lifted its holdings in shares of Seabridge Gold by 6.9% in the fourth quarter. Nebula Research & Development LLC now owns 13,681 shares of the basic materials company’s stock worth $156,000 after buying an additional 881 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Seabridge Gold by 2.3% in the fourth quarter. Geneos Wealth Management Inc. now owns 47,770 shares of the basic materials company’s stock worth $545,000 after buying an additional 1,067 shares in the last quarter. NewEdge Advisors LLC grew its stake in Seabridge Gold by 1.4% during the fourth quarter. NewEdge Advisors LLC now owns 83,622 shares of the basic materials company’s stock valued at $954,000 after acquiring an additional 1,125 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in Seabridge Gold by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 37,649 shares of the basic materials company’s stock valued at $434,000 after acquiring an additional 1,171 shares during the last quarter. 34.85% of the stock is owned by hedge funds and other institutional investors.
Seabridge Gold Stock Up 2.6 %
Shares of SA stock opened at $12.61 on Friday. The company’s fifty day simple moving average is $11.76 and its two-hundred day simple moving average is $12.77. Seabridge Gold Inc. has a 52 week low of $9.40 and a 52 week high of $20.55. The stock has a market cap of $1.26 billion, a P/E ratio of -50.44 and a beta of 0.67. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.59.
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.
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