Stifel Financial Corp Purchases 6,008 Shares of Seabridge Gold Inc. (NYSE:SA)

Stifel Financial Corp raised its position in shares of Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 6.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 93,905 shares of the basic materials company’s stock after acquiring an additional 6,008 shares during the quarter. Stifel Financial Corp owned about 0.10% of Seabridge Gold worth $1,071,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of SA. Raymond James Financial Inc. bought a new stake in Seabridge Gold during the fourth quarter worth $12,676,000. Ontario Teachers Pension Plan Board raised its holdings in Seabridge Gold by 14.2% during the 4th quarter. Ontario Teachers Pension Plan Board now owns 984,704 shares of the basic materials company’s stock valued at $11,220,000 after acquiring an additional 122,627 shares during the period. Amundi raised its stake in shares of Seabridge Gold by 15.3% during the 4th quarter. Amundi now owns 648,968 shares of the basic materials company’s stock valued at $7,736,000 after purchasing an additional 86,046 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Seabridge Gold by 0.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 378,751 shares of the basic materials company’s stock worth $4,321,000 after buying an additional 2,663 shares in the last quarter. Finally, Sprott Inc. lifted its stake in Seabridge Gold by 13.0% in the 4th quarter. Sprott Inc. now owns 358,130 shares of the basic materials company’s stock worth $4,086,000 after purchasing an additional 41,314 shares in the last quarter. 34.85% of the stock is currently owned by institutional investors and hedge funds.

Seabridge Gold Price Performance

Seabridge Gold stock opened at $12.26 on Friday. Seabridge Gold Inc. has a 52 week low of $9.40 and a 52 week high of $20.55. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.59. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of -49.04 and a beta of 0.67. The business has a 50-day simple moving average of $11.72 and a 200 day simple moving average of $12.86.

Seabridge Gold (NYSE:SA) (TSE:SEA) last announced its earnings results on Thursday, March 27th. The basic materials company reported ($0.32) earnings per share (EPS) for the quarter.

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.