Seabridge Gold Inc. (NYSE:SA) Shares Bought by US Bancorp DE

US Bancorp DE raised its position in Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 116.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 2,232 shares of the basic materials company’s stock after acquiring an additional 1,202 shares during the period. US Bancorp DE’s holdings in Seabridge Gold were worth $37,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Signaturefd LLC grew its holdings in Seabridge Gold by 66.9% during the third quarter. Signaturefd LLC now owns 2,773 shares of the basic materials company’s stock worth $47,000 after acquiring an additional 1,112 shares during the period. Confluence Investment Management LLC grew its stake in shares of Seabridge Gold by 3.4% during the 2nd quarter. Confluence Investment Management LLC now owns 38,662 shares of the basic materials company’s stock worth $529,000 after purchasing an additional 1,285 shares during the period. ORG Partners LLC increased 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 valued at $32,000 after purchasing an additional 1,655 shares in the last quarter. Banque Cantonale Vaudoise lifted its stake in shares of Seabridge Gold by 33.4% in the second quarter. Banque Cantonale Vaudoise now owns 7,475 shares of the basic materials company’s stock valued at $102,000 after purchasing an additional 1,871 shares during the period. Finally, Simplicity Wealth LLC boosted its holdings in Seabridge Gold by 1.2% during the second quarter. Simplicity Wealth LLC now owns 164,086 shares of the basic materials company’s stock worth $2,246,000 after buying an additional 1,883 shares in the last quarter. Hedge funds and other institutional investors own 34.85% of the company’s stock.

Seabridge Gold Stock Up 3.3 %

Shares of NYSE:SA opened at $14.69 on Tuesday. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $1.33 billion, a P/E ratio of -58.76 and a beta of 1.13. Seabridge Gold Inc. has a 52-week low of $9.31 and a 52-week high of $20.55. The stock’s fifty day simple moving average is $17.22 and its 200-day simple moving average is $16.08.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Seabridge Gold to a “sell” rating in a report on Monday, August 19th.

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.