JPMorgan Chase & Co. Reduces Stock Position in Seabridge Gold Inc. (NYSE:SA)

JPMorgan Chase & Co. trimmed its holdings in shares of Seabridge Gold Inc. (NYSE:SAFree Report) (TSE:SEA) by 76.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,185 shares of the basic materials company’s stock after selling 79,539 shares during the quarter. JPMorgan Chase & Co.’s holdings in Seabridge Gold were worth $406,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SA. CIBC Asset Management Inc boosted its stake in Seabridge Gold by 1.1% during the third quarter. CIBC Asset Management Inc now owns 91,601 shares of the basic materials company’s stock worth $1,541,000 after buying an additional 959 shares during the period. Signaturefd LLC boosted its stake in shares of Seabridge Gold by 66.9% during the 3rd quarter. Signaturefd LLC now owns 2,773 shares of the basic materials company’s stock worth $47,000 after purchasing an additional 1,112 shares during the period. Quantbot Technologies LP boosted its stake in shares of Seabridge Gold by 3.9% during the 3rd quarter. Quantbot Technologies LP now owns 30,899 shares of the basic materials company’s stock worth $519,000 after purchasing an additional 1,168 shares during the period. US Bancorp DE grew its holdings in Seabridge Gold by 116.7% during the 3rd quarter. US Bancorp DE now owns 2,232 shares of the basic materials company’s stock valued at $37,000 after purchasing an additional 1,202 shares during the last quarter. Finally, ORG Partners LLC raised its position in Seabridge Gold by 735.6% in the 3rd quarter. ORG Partners LLC now owns 1,880 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 1,655 shares during the period. Institutional investors own 34.85% of the company’s stock.

Seabridge Gold Stock Up 2.2 %

Shares of NYSE:SA opened at $11.95 on Thursday. The firm has a market capitalization of $1.10 billion, a PE ratio of -47.80 and a beta of 1.10. The business has a 50 day simple moving average of $12.64 and a two-hundred day simple moving average of $15.34. Seabridge Gold Inc. has a 1 year low of $9.31 and a 1 year high of $20.55. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.28 and a quick ratio of 2.28.

Seabridge Gold Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Seabridge Gold (NYSE:SA)

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