Seabridge Gold, Inc. (NYSE:SA) Shares Purchased by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Seabridge Gold, Inc. (NYSE:SA) (TSE:SEA) by 13.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,951 shares of the basic materials company’s stock after purchasing an additional 3,044 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Seabridge Gold were worth $290,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in Seabridge Gold by 459.3% during the fourth quarter. JPMorgan Chase & Co. now owns 135,269 shares of the basic materials company’s stock valued at $1,543,000 after purchasing an additional 111,084 shares during the last quarter. Geode Capital Management LLC raised its holdings in Seabridge Gold by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 37,649 shares of the basic materials company’s stock worth $434,000 after buying an additional 1,171 shares during the period. ExodusPoint Capital Management LP raised its holdings in Seabridge Gold by 17.8% during the 4th quarter. ExodusPoint Capital Management LP now owns 24,500 shares of the basic materials company’s stock worth $280,000 after buying an additional 3,704 shares during the period. Barclays PLC increased its holdings in shares of Seabridge Gold by 3.0% in the 4th quarter. Barclays PLC now owns 132,045 shares of the basic materials company’s stock valued at $1,507,000 after purchasing an additional 3,802 shares during the period. Finally, Rossby Financial LCC acquired a new position in Seabridge Gold in the fourth quarter worth approximately $378,000. Hedge funds and other institutional investors own 34.85% of the company’s stock.

Seabridge Gold Trading Down 1.8%

NYSE:SA opened at $16.39 on Friday. Seabridge Gold, Inc. has a 12 month low of $9.40 and a 12 month high of $20.55. The firm has a market cap of $1.67 billion, a price-to-earnings ratio of -163.85 and a beta of 0.64. The company has a quick ratio of 9.53, a current ratio of 9.53 and a debt-to-equity ratio of 0.56. The company’s 50 day moving average is $15.17 and its 200-day moving average is $13.00.

Seabridge Gold (NYSE:SA) (TSE:SEA) last posted its quarterly earnings results on Tuesday, May 13th. The basic materials company reported $0.08 earnings per share 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.