XTX Topco Ltd Takes $257,000 Position in Seabridge Gold, Inc. (NYSE:SA)

XTX Topco Ltd purchased a new stake in Seabridge Gold, Inc. (NYSE:SA) (TSE:SEA) in the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 22,010 shares of the basic materials company’s stock, valued at approximately $257,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cambridge Investment Research Advisors Inc. lifted its position in Seabridge Gold by 20.6% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 51,020 shares of the basic materials company’s stock valued at $595,000 after purchasing an additional 8,732 shares during the last quarter. Millennium Management LLC lifted its position in Seabridge Gold by 121.8% in the 4th 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. Wealth Enhancement Advisory Services LLC lifted its position in 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 valued at $318,000 after purchasing an additional 1,500 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Seabridge Gold by 13.9% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 24,951 shares of the basic materials company’s stock valued at $290,000 after purchasing an additional 3,044 shares during the last quarter. Finally, Squarepoint Ops LLC bought a new stake in Seabridge Gold in the 4th quarter valued at about $273,000. 34.85% of the stock is owned by institutional investors and hedge funds.

Seabridge Gold Trading Up 1.6%

Shares of NYSE:SA opened at $16.64 on Tuesday. The company has a market cap of $1.70 billion, a PE ratio of -166.38 and a beta of 0.64. The company’s 50-day moving average price is $15.25 and its 200 day moving average price is $13.05. Seabridge Gold, Inc. has a fifty-two week low of $9.40 and a fifty-two week high of $20.55. The company has a quick ratio of 9.53, a current ratio of 9.53 and a debt-to-equity ratio of 0.56.

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.