UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $1.24 Million Position in Seabridge Gold Inc. (NYSE:SA)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its position in Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 7.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 73,960 shares of the basic materials company’s stock after selling 5,951 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.08% of Seabridge Gold worth $1,242,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SG Americas Securities LLC lifted its holdings in shares of Seabridge Gold by 24.7% during the 2nd quarter. SG Americas Securities LLC now owns 36,229 shares of the basic materials company’s stock valued at $496,000 after purchasing an additional 7,169 shares in the last quarter. U S Global Investors Inc. boosted its holdings in shares of Seabridge Gold by 133.3% in the 2nd quarter. U S Global Investors Inc. now owns 35,000 shares of the basic materials company’s stock valued at $479,000 after buying an additional 20,000 shares during the last quarter. Penbrook Management LLC grew its position in shares of Seabridge Gold by 46.1% in the 2nd quarter. Penbrook Management LLC now owns 111,095 shares of the basic materials company’s stock valued at $1,521,000 after acquiring an additional 35,075 shares during the period. Harbour Investments Inc. grew its holdings in Seabridge Gold by 266.1% during the second quarter. Harbour Investments Inc. now owns 13,309 shares of the basic materials company’s stock worth $182,000 after purchasing an additional 9,674 shares during the period. Finally, Nations Financial Group Inc. IA ADV boosted its stake in shares of Seabridge Gold by 2.2% during the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 229,927 shares of the basic materials company’s stock worth $3,148,000 after acquiring an additional 4,868 shares during the period. Institutional investors own 34.85% of the company’s stock.

Seabridge Gold Trading Down 4.0 %

Shares of NYSE:SA opened at $12.50 on Wednesday. The company has a market capitalization of $1.14 billion, a P/E ratio of -50.00 and a beta of 1.07. Seabridge Gold Inc. has a 1 year low of $9.31 and a 1 year high of $20.55. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.28 and a quick ratio of 2.28. The business’s 50 day simple moving average is $15.98 and its 200 day simple moving average is $15.94.

About Seabridge Gold

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.