SG Americas Securities LLC Buys 1,693 Shares of Seabridge Gold Inc. (NYSE:SA)

SG Americas Securities LLC grew its position in shares of Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 6.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,431 shares of the basic materials company’s stock after buying an additional 1,693 shares during the quarter. SG Americas Securities LLC’s holdings in Seabridge Gold were worth $333,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Sprott Inc. lifted its holdings in Seabridge Gold by 8.0% in the third quarter. Sprott Inc. now owns 1,728,334 shares of the basic materials company’s stock valued at $18,457,000 after acquiring an additional 128,323 shares during the period. Ontario Teachers Pension Plan Board lifted its stake in shares of Seabridge Gold by 97.9% in the 3rd quarter. Ontario Teachers Pension Plan Board now owns 354,097 shares of the basic materials company’s stock worth $3,723,000 after purchasing an additional 175,161 shares during the period. Swiss National Bank boosted its holdings in shares of Seabridge Gold by 2.0% in the third quarter. Swiss National Bank now owns 155,400 shares of the basic materials company’s stock worth $1,648,000 after buying an additional 3,000 shares during the last quarter. Creative Financial Designs Inc. ADV grew its position in Seabridge Gold by 308.5% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 13,440 shares of the basic materials company’s stock valued at $163,000 after buying an additional 10,150 shares during the period. Finally, Assenagon Asset Management S.A. increased its holdings in Seabridge Gold by 163.0% during the third quarter. Assenagon Asset Management S.A. now owns 145,812 shares of the basic materials company’s stock valued at $1,538,000 after buying an additional 90,379 shares during the last quarter. 34.85% of the stock is currently owned by hedge funds and other institutional investors.

Seabridge Gold Trading Down 1.8 %

Seabridge Gold stock opened at $15.88 on Tuesday. Seabridge Gold Inc. has a 12-month low of $9.31 and a 12-month high of $16.70. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of -40.72 and a beta of 1.11. The firm has a 50 day moving average of $12.52 and a 200 day moving average of $11.77. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 0.79.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Seabridge Gold to a “sell” rating in a research report on Monday, April 1st.

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. Its principal projects are the Kerr-Sulphurets-Mitchell property and Iskut project located in British Columbia, Canada; Courageous Lake property situated in Northwest Territories, Canada; Snowstorm project situated in the Nevada; and 3 Aces project located in the Yukon Territory.