Avantax Advisory Services Inc. Purchases 850 Shares of Seabridge Gold Inc. (NYSE:SA)

Avantax Advisory Services Inc. boosted its position in Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 6.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,672 shares of the basic materials company’s stock after purchasing an additional 850 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Seabridge Gold were worth $167,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SA. R Squared Ltd bought a new position in Seabridge Gold during the 4th quarter worth $28,000. HighTower Advisors LLC acquired a new position in shares of Seabridge Gold during the 4th quarter worth $118,000. Synovus Financial Corp acquired a new stake in Seabridge Gold in the third quarter valued at about $218,000. Bleakley Financial Group LLC raised its stake in Seabridge Gold by 18.2% during the fourth quarter. Bleakley Financial Group LLC now owns 18,732 shares of the basic materials company’s stock worth $214,000 after acquiring an additional 2,880 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in Seabridge Gold during the third quarter worth about $339,000. 34.85% of the stock is owned by institutional investors and hedge funds.

Seabridge Gold Price Performance

SA stock opened at $12.29 on Friday. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of -49.17 and a beta of 1.00. 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 company has a 50 day simple moving average of $11.85 and a 200 day simple moving average of $14.04. Seabridge Gold Inc. has a 1 year low of $10.14 and a 1 year 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.