Atria Wealth Solutions Inc. Trims Holdings in Seabridge Gold, Inc. (NYSE:SA)

Atria Wealth Solutions Inc. decreased its holdings in Seabridge Gold, Inc. (NYSE:SA) (TSE:SEA) by 19.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,732 shares of the basic materials company’s stock after selling 5,774 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Seabridge Gold were worth $277,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Banque Cantonale Vaudoise acquired a new position in Seabridge Gold in the 1st quarter valued at $26,000. Ewing Morris & Co. Investment Partners Ltd. acquired a new position in Seabridge Gold in the 4th quarter valued at $138,000. Tudor Investment Corp ET AL acquired a new position in Seabridge Gold in the 4th quarter valued at $140,000. Nebula Research & Development LLC increased its stake in Seabridge Gold by 6.9% in the 4th quarter. Nebula Research & Development LLC now owns 13,681 shares of the basic materials company’s stock valued at $156,000 after buying an additional 881 shares during the period. Finally, CWM LLC increased its stake in Seabridge Gold by 13.4% in the 1st quarter. CWM LLC now owns 15,026 shares of the basic materials company’s stock valued at $175,000 after buying an additional 1,775 shares during the period. Hedge funds and other institutional investors own 34.85% of the company’s stock.

Seabridge Gold Stock Performance

Shares of SA opened at $16.75 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 9.53 and a current ratio of 9.53. The stock has a market capitalization of $1.71 billion, a P/E ratio of -44.08 and a beta of 0.64. The company’s fifty day moving average is $15.49 and its two-hundred day moving average is $13.17. Seabridge Gold, Inc. has a 1 year low of $9.40 and a 1 year high of $20.55.

Seabridge Gold (NYSE:SA) (TSE:SEA) last posted its quarterly earnings results on Wednesday, August 13th. The basic materials company reported $0.09 earnings per share for the quarter.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut shares of Seabridge Gold from a “hold” rating to a “sell” rating in a research note on Saturday.

Seabridge Gold Company 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.