25,060 Shares in Seabridge Gold Inc. (NYSE:SA) Bought by Virtu Financial LLC

Virtu Financial LLC purchased a new stake in Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 25,060 shares of the basic materials company’s stock, valued at approximately $286,000.

Several other institutional investors have also added to or reduced their stakes in the business. Quantbot Technologies LP raised its position in shares of Seabridge Gold by 100.5% in the 4th quarter. Quantbot Technologies LP now owns 61,962 shares of the basic materials company’s stock valued at $707,000 after purchasing an additional 31,063 shares during the last quarter. Lee Danner & Bass Inc. acquired a new position in Seabridge Gold during the 4th quarter valued at approximately $70,000. Semanteon Capital Management LP purchased a new position in shares of Seabridge Gold in the fourth quarter worth $699,000. Privium Fund Management B.V. lifted its stake in shares of Seabridge Gold by 12.2% during the fourth quarter. Privium Fund Management B.V. now owns 35,987 shares of the basic materials company’s stock worth $411,000 after buying an additional 3,900 shares during the period. Finally, Swiss National Bank grew its holdings in shares of Seabridge Gold by 1.4% during the fourth quarter. Swiss National Bank now owns 150,200 shares of the basic materials company’s stock valued at $1,713,000 after buying an additional 2,100 shares during the last quarter. Institutional investors and hedge funds own 34.85% of the company’s stock.

Seabridge Gold Stock Performance

Shares of SA stock opened at $12.29 on Friday. The business has a fifty day moving average of $11.85 and a 200 day moving average of $14.04. Seabridge Gold Inc. has a 1 year low of $10.14 and a 1 year high of $20.55. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.28 and a quick ratio of 2.28. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of -49.17 and a beta of 1.00.

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.