Barclays PLC Cuts Stock Position in Seabridge Gold Inc. (NYSE:SA)

Barclays PLC decreased its holdings in Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 3.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 128,243 shares of the basic materials company’s stock after selling 3,951 shares during the quarter. Barclays PLC owned 0.14% of Seabridge Gold worth $2,153,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. ORG Partners LLC increased its holdings in Seabridge Gold by 735.6% during the 3rd quarter. ORG Partners LLC now owns 1,880 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 1,655 shares during the period. US Bancorp DE increased its stake in shares of Seabridge Gold by 116.7% during the third quarter. US Bancorp DE now owns 2,232 shares of the basic materials company’s stock worth $37,000 after buying an additional 1,202 shares during the period. Signaturefd LLC raised its holdings in Seabridge Gold by 66.9% in the third quarter. Signaturefd LLC now owns 2,773 shares of the basic materials company’s stock valued at $47,000 after acquiring an additional 1,112 shares in the last quarter. Banque Cantonale Vaudoise lifted its stake in Seabridge Gold by 33.4% in the second quarter. Banque Cantonale Vaudoise now owns 7,475 shares of the basic materials company’s stock worth $102,000 after acquiring an additional 1,871 shares during the last quarter. Finally, Oxbow Advisors LLC purchased a new position in Seabridge Gold in the second quarter worth approximately $141,000. Hedge funds and other institutional investors own 34.85% of the company’s stock.

Seabridge Gold Price Performance

Shares of NYSE SA opened at $11.83 on Friday. The stock’s 50-day simple moving average is $15.25 and its 200-day simple moving average is $15.76. The firm has a market capitalization of $1.08 billion, a PE ratio of -47.32 and a beta of 1.07. 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.

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.