Swiss National Bank Purchases 2,100 Shares of Seabridge Gold Inc. (NYSE:SA)

Swiss National Bank lifted its position in shares of Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 1.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 150,200 shares of the basic materials company’s stock after purchasing an additional 2,100 shares during the period. Swiss National Bank owned about 0.16% of Seabridge Gold worth $1,713,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. R Squared Ltd acquired a new stake in Seabridge Gold in the fourth quarter valued at $28,000. HighTower Advisors LLC acquired a new stake in shares of Seabridge Gold in the fourth quarter valued at about $118,000. Synovus Financial Corp bought a new position in shares of Seabridge Gold during the third quarter worth about $218,000. Avantax Advisory Services Inc. lifted its stake in shares of Seabridge Gold by 6.1% in the fourth quarter. Avantax Advisory Services Inc. now owns 14,672 shares of the basic materials company’s stock worth $167,000 after acquiring an additional 850 shares during the period. Finally, Bleakley Financial Group LLC boosted its holdings in Seabridge Gold by 18.2% in the fourth quarter. Bleakley Financial Group LLC now owns 18,732 shares of the basic materials company’s stock valued at $214,000 after acquiring an additional 2,880 shares during the last quarter. Institutional investors and hedge funds own 34.85% of the company’s stock.

Seabridge Gold Stock Down 3.8 %

Seabridge Gold stock opened at $11.80 on Friday. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of -47.21 and a beta of 1.00. Seabridge Gold Inc. has a 52-week low of $10.14 and a 52-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. The firm has a 50 day moving average price of $11.84 and a two-hundred day moving average price of $14.01.

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. The company was formerly known as Seabridge Resources Inc and changed its name to Seabridge Gold Inc in June 2002.