Geode Capital Management LLC Increases Stake in Seabridge Gold Inc. (NYSE:SA)

Geode Capital Management LLC boosted its stake in Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 11.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 36,478 shares of the basic materials company’s stock after purchasing an additional 3,794 shares during the quarter. Geode Capital Management LLC’s holdings in Seabridge Gold were worth $615,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of SA. CIBC Asset Management Inc grew its stake in shares of Seabridge Gold by 1.1% during the 3rd quarter. CIBC Asset Management Inc now owns 91,601 shares of the basic materials company’s stock valued at $1,541,000 after buying an additional 959 shares during the period. Signaturefd LLC grew its position in Seabridge Gold by 66.9% during 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 during the period. Quantbot Technologies LP increased its stake in Seabridge Gold by 3.9% during the third quarter. Quantbot Technologies LP now owns 30,899 shares of the basic materials company’s stock worth $519,000 after acquiring an additional 1,168 shares during the last quarter. US Bancorp DE raised its holdings in shares of Seabridge Gold by 116.7% in the 3rd quarter. US Bancorp DE now owns 2,232 shares of the basic materials company’s stock worth $37,000 after purchasing an additional 1,202 shares during the period. Finally, ORG Partners LLC raised its holdings in shares of Seabridge Gold by 735.6% in 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. Institutional investors and hedge funds own 34.85% of the company’s stock.

Seabridge Gold Stock Up 0.4 %

Shares of NYSE:SA opened at $11.97 on Friday. The stock has a 50-day simple moving average of $13.59 and a 200-day simple moving average of $15.53. The stock has a market capitalization of $1.09 billion, a P/E ratio of -47.88 and a beta of 1.10. 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 quick ratio of 2.28 and a current ratio of 2.28.

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.