Seabridge Gold Inc. (NYSE:SA) Shares Acquired by Sprott Inc.

Sprott Inc. lifted its holdings in shares of Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 13.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 358,130 shares of the basic materials company’s stock after acquiring an additional 41,314 shares during the period. Sprott Inc.’s holdings in Seabridge Gold were worth $4,086,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of SA. R Squared Ltd acquired a new stake in Seabridge Gold during the 4th quarter worth $28,000. US Bancorp DE increased its stake in Seabridge Gold by 116.7% in the 3rd quarter. US Bancorp DE now owns 2,232 shares of the basic materials company’s stock valued at $37,000 after buying an additional 1,202 shares during the period. Signaturefd LLC raised its holdings in Seabridge Gold by 66.9% during the third quarter. Signaturefd LLC now owns 2,773 shares of the basic materials company’s stock worth $47,000 after purchasing an additional 1,112 shares in the last quarter. Bleakley Financial Group LLC boosted its holdings in Seabridge Gold by 18.2% in the 4th quarter. Bleakley Financial Group LLC now owns 18,732 shares of the basic materials company’s stock valued at $214,000 after purchasing an additional 2,880 shares in the last quarter. Finally, Synovus Financial Corp acquired a new position in Seabridge Gold during the 3rd quarter worth approximately $218,000. 34.85% of the stock is owned by institutional investors and hedge funds.

Seabridge Gold Stock Performance

Shares of SA stock opened at $10.98 on Wednesday. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 0.59. The stock has a 50 day simple moving average of $12.00 and a 200-day simple moving average of $14.91. The company has a market cap of $1.08 billion, a price-to-earnings ratio of -43.90 and a beta of 1.11. Seabridge Gold Inc. has a 12-month low of $10.68 and a 12-month high of $20.55.

About Seabridge Gold

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.