SG Americas Securities LLC Sells 1,549 Shares of Seabridge Gold, Inc. (NYSE:SA)

SG Americas Securities LLC trimmed its holdings in Seabridge Gold, Inc. (NYSE:SA) (TSE:SEA) by 4.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,617 shares of the basic materials company’s stock after selling 1,549 shares during the quarter. SG Americas Securities LLC’s holdings in Seabridge Gold were worth $357,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SA. Amundi boosted its stake in Seabridge Gold by 15.3% during the fourth quarter. Amundi now owns 648,968 shares of the basic materials company’s stock valued at $7,736,000 after buying an additional 86,046 shares during the last quarter. Atria Wealth Solutions Inc. raised its stake in Seabridge Gold by 11.4% during the fourth quarter. Atria Wealth Solutions Inc. now owns 29,506 shares of the basic materials company’s stock valued at $337,000 after purchasing an additional 3,029 shares in the last quarter. Swiss National Bank lifted its position in 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 purchasing an additional 2,100 shares during the last quarter. Millennium Management LLC lifted its position in Seabridge Gold by 121.8% during the fourth quarter. Millennium Management LLC now owns 318,803 shares of the basic materials company’s stock valued at $3,638,000 after purchasing an additional 175,078 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of Seabridge Gold by 5.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 27,850 shares of the basic materials company’s stock worth $318,000 after buying an additional 1,500 shares in the last quarter. 34.85% of the stock is currently owned by institutional investors.

Seabridge Gold Stock Down 1.4%

Shares of NYSE SA opened at $14.27 on Thursday. The company has a current ratio of 9.53, a quick ratio of 9.53 and a debt-to-equity ratio of 0.56. Seabridge Gold, Inc. has a 12-month low of $9.40 and a 12-month high of $20.55. The firm’s 50-day moving average price is $12.98 and its 200-day moving average price is $12.23. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of -142.65 and a beta of 0.63.

Seabridge Gold (NYSE:SA) (TSE:SEA) last issued its quarterly earnings data on Tuesday, May 13th. The basic materials company reported $0.08 earnings per share 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.