CIBC Asset Management Inc Has $1.07 Million Stake in Seabridge Gold Inc. (NYSE:SA)

CIBC Asset Management Inc grew its position in Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 2.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 93,729 shares of the basic materials company’s stock after buying an additional 2,128 shares during the quarter. CIBC Asset Management Inc’s holdings in Seabridge Gold were worth $1,067,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SA. Tidal Investments LLC lifted its holdings in shares of Seabridge Gold by 26.1% in the third quarter. Tidal Investments LLC now owns 2,767,574 shares of the basic materials company’s stock valued at $46,468,000 after purchasing an additional 573,400 shares in the last quarter. Ontario Teachers Pension Plan Board raised its holdings in Seabridge Gold by 20.7% during the third quarter. Ontario Teachers Pension Plan Board now owns 862,077 shares of the basic materials company’s stock worth $14,493,000 after acquiring an additional 148,088 shares in the last quarter. Crawford Fund Management LLC raised its holdings in Seabridge Gold by 50.6% during the third quarter. Crawford Fund Management LLC now owns 317,089 shares of the basic materials company’s stock worth $5,325,000 after acquiring an additional 106,500 shares in the last quarter. Knoll Capital Management LLC raised its holdings in Seabridge Gold by 28.6% during the third quarter. Knoll Capital Management LLC now owns 317,003 shares of the basic materials company’s stock worth $5,322,000 after acquiring an additional 70,406 shares in the last quarter. Finally, Bank of Montreal Can raised its holdings in Seabridge Gold by 11.3% during the third quarter. Bank of Montreal Can now owns 449,331 shares of the basic materials company’s stock worth $7,733,000 after acquiring an additional 45,516 shares in the last quarter. 34.85% of the stock is currently owned by institutional investors.

Seabridge Gold Stock Performance

SA opened at $11.31 on Friday. Seabridge Gold Inc. has a 52-week low of $10.87 and a 52-week high of $20.55. The firm has a market capitalization of $1.11 billion, a PE ratio of -45.22 and a beta of 1.11. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.28 and a current ratio of 2.28. The business’s 50-day simple moving average is $12.06 and its 200 day simple moving average is $14.97.

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.