Banque Cantonale Vaudoise Has $102,000 Position in Seabridge Gold Inc. (NYSE:SA)

Banque Cantonale Vaudoise increased its stake in shares of Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 33.4% in the second quarter, Holdings Channel.com reports. The firm owned 7,475 shares of the basic materials company’s stock after buying an additional 1,871 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Seabridge Gold were worth $102,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Van ECK Associates Corp lifted its stake in shares of Seabridge Gold by 5.1% in the 1st quarter. Van ECK Associates Corp now owns 3,680,468 shares of the basic materials company’s stock valued at $55,649,000 after acquiring an additional 178,672 shares during the last quarter. Kopernik Global Investors LLC grew its holdings in shares of Seabridge Gold by 16.9% during the fourth quarter. Kopernik Global Investors LLC now owns 3,189,304 shares of the basic materials company’s stock worth $38,686,000 after purchasing an additional 460,895 shares during the last quarter. Tidal Investments LLC acquired a new position in shares of Seabridge Gold in the first quarter valued at approximately $17,419,000. Russell Investments Group Ltd. raised its holdings in Seabridge Gold by 0.9% in the 1st quarter. Russell Investments Group Ltd. now owns 897,435 shares of the basic materials company’s stock valued at $13,579,000 after buying an additional 8,440 shares during the last quarter. Finally, Raymond James & Associates boosted its position in Seabridge Gold by 9.7% during the 1st quarter. Raymond James & Associates now owns 884,223 shares of the basic materials company’s stock worth $13,369,000 after buying an additional 78,186 shares during the period. Institutional investors own 34.85% of the company’s stock.

Seabridge Gold Stock Down 6.3 %

Shares of NYSE:SA opened at $16.46 on Wednesday. The business has a fifty day simple moving average of $15.80 and a 200 day simple moving average of $14.91. Seabridge Gold Inc. has a 12-month low of $9.31 and a 12-month high of $18.99. The firm has a market cap of $1.47 billion, a P/E ratio of -45.72 and a beta of 1.13. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.57.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Seabridge Gold to a “sell” rating in a research report on Monday, August 19th.

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.