Barclays PLC Raises Holdings in Seabridge Gold Inc. (NYSE:SA)

Barclays PLC raised its holdings in Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 3.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 132,045 shares of the basic materials company’s stock after purchasing an additional 3,802 shares during the quarter. Barclays PLC owned about 0.14% of Seabridge Gold worth $1,507,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. R Squared Ltd acquired a new stake in shares of Seabridge Gold in the 4th quarter valued at approximately $28,000. Lee Danner & Bass Inc. purchased a new position in Seabridge Gold during the fourth quarter worth approximately $70,000. HighTower Advisors LLC purchased a new stake in Seabridge Gold during the fourth quarter valued at about $118,000. Uniting Wealth Partners LLC purchased a new position in Seabridge Gold in the fourth quarter valued at approximately $139,000. Finally, Synovus Financial Corp purchased a new stake in Seabridge Gold during the 3rd quarter worth $218,000. 34.85% of the stock is currently owned by hedge funds and other institutional investors.

Seabridge Gold Stock Performance

Seabridge Gold stock opened at $11.96 on Friday. The firm has a market capitalization of $1.20 billion, a PE ratio of -47.84 and a beta of 0.67. The stock’s 50 day moving average price is $11.58 and its 200 day moving average price is $12.99. 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 Inc. has a one year low of $9.40 and a one year high of $20.55.

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

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.