10,266 Shares in Seabridge Gold Inc. (NYSE:SA) Purchased by Oxbow Advisors LLC

Oxbow Advisors LLC bought a new stake in Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 10,266 shares of the basic materials company’s stock, valued at approximately $141,000.

Other hedge funds have also made changes to their positions in the company. Jump Financial LLC grew its holdings in shares of Seabridge Gold by 148.5% during the 4th quarter. Jump Financial LLC now owns 76,291 shares of the basic materials company’s stock worth $925,000 after purchasing an additional 45,591 shares during the period. Ontario Teachers Pension Plan Board boosted its stake in Seabridge Gold by 53.4% during the fourth quarter. Ontario Teachers Pension Plan Board now owns 543,193 shares of the basic materials company’s stock worth $6,584,000 after buying an additional 189,096 shares during the period. Nations Financial Group Inc. IA ADV increased its position in shares of Seabridge Gold by 68.8% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 200,485 shares of the basic materials company’s stock valued at $2,432,000 after acquiring an additional 81,685 shares during the last quarter. Kopernik Global Investors LLC raised its stake in shares of Seabridge Gold by 16.9% in the 4th quarter. Kopernik Global Investors LLC now owns 3,189,304 shares of the basic materials company’s stock valued at $38,686,000 after acquiring an additional 460,895 shares during the period. Finally, CIBC Asset Management Inc lifted its holdings in shares of Seabridge Gold by 4.3% in the 4th quarter. CIBC Asset Management Inc now owns 68,764 shares of the basic materials company’s stock worth $836,000 after acquiring an additional 2,864 shares during the last quarter. Hedge funds and other institutional investors own 34.85% of the company’s stock.

Analyst Upgrades and Downgrades

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

Seabridge Gold Price Performance

SA stock opened at $15.97 on Friday. The business’s fifty day moving average price is $15.95 and its 200 day moving average price is $14.99. Seabridge Gold Inc. has a 12-month low of $9.31 and a 12-month high of $18.99. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $1.41 billion, a PE ratio of -44.36 and a beta of 1.13.

Seabridge Gold (NYSE:SA) (TSE:SEA) last issued its quarterly earnings results on Tuesday, August 13th. The basic materials company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.34. On average, sell-side analysts anticipate that Seabridge Gold Inc. will post 0.1 EPS for the current year.

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.