Quantbot Technologies LP Acquires 31,063 Shares of Seabridge Gold Inc. (NYSE:SA)

Quantbot Technologies LP raised its holdings in Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 100.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 61,962 shares of the basic materials company’s stock after buying an additional 31,063 shares during the period. Quantbot Technologies LP’s holdings in Seabridge Gold were worth $707,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Tidal Investments LLC boosted its stake in shares of Seabridge Gold by 26.1% during 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 during the period. Raymond James Financial Inc. purchased a new stake in Seabridge Gold in the 4th quarter valued at about $12,676,000. Toronto Dominion Bank grew its stake in Seabridge Gold by 0.4% in the 3rd quarter. Toronto Dominion Bank now owns 1,005,928 shares of the basic materials company’s stock worth $16,890,000 after acquiring an additional 3,734 shares in the last quarter. Amundi increased its position in shares of Seabridge Gold by 15.3% during the fourth quarter. Amundi now owns 648,968 shares of the basic materials company’s stock worth $7,736,000 after acquiring an additional 86,046 shares during the period. Finally, Bank of Montreal Can raised its stake in shares of 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 valued at $7,733,000 after acquiring an additional 45,516 shares in the last quarter. Hedge funds and other institutional investors own 34.85% of the company’s stock.

Seabridge Gold Stock Down 1.6 %

Shares of NYSE SA opened at $11.69 on Thursday. Seabridge Gold Inc. has a 52-week low of $10.14 and a 52-week high of $20.55. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of -46.74 and a beta of 1.00. The stock has a 50 day moving average price of $11.84 and a 200 day moving average price of $14.05. 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 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.