Sei Investments Co. Sells 6,684 Shares of Seabridge Gold Inc. (NYSE:SA)

Sei Investments Co. lessened its position in shares of Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 5.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 113,693 shares of the basic materials company’s stock after selling 6,684 shares during the period. Sei Investments Co. owned approximately 0.12% of Seabridge Gold worth $1,297,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Raymond James Financial Inc. bought a new position in Seabridge Gold in the 4th quarter valued at approximately $12,676,000. Tidal Investments LLC lifted its holdings in shares of Seabridge Gold by 26.1% during the third quarter. Tidal Investments LLC now owns 2,767,574 shares of the basic materials company’s stock worth $46,468,000 after purchasing an additional 573,400 shares during the period. Amundi grew its stake in shares of Seabridge Gold by 15.3% in the fourth quarter. Amundi now owns 648,968 shares of the basic materials company’s stock worth $7,736,000 after purchasing an additional 86,046 shares during the last quarter. Semanteon Capital Management LP acquired a new stake in Seabridge Gold in the fourth quarter valued at $699,000. Finally, Sprott Inc. raised its position in Seabridge Gold by 13.0% during the 4th quarter. Sprott Inc. now owns 358,130 shares of the basic materials company’s stock worth $4,086,000 after purchasing an additional 41,314 shares during the last quarter. Institutional investors and hedge funds own 34.85% of the company’s stock.

Seabridge Gold Stock Performance

Shares of SA stock opened at $10.01 on Monday. The stock has a market capitalization of $1.00 billion, a PE ratio of -40.02 and a beta of 1.00. The business’s 50 day simple moving average is $11.74 and its 200 day simple moving average is $13.75. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.28 and a quick ratio of 2.28. Seabridge Gold Inc. has a one year low of $9.90 and a one year high of $20.55.

Seabridge Gold (NYSE:SA) (TSE:SEA) last issued its quarterly earnings results on Thursday, March 27th. The basic materials company reported ($0.32) EPS for the quarter.

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.