CIBC Asset Management Inc Has $1.07 Million Holdings in Seabridge Gold Inc. (NYSE:SA)

CIBC Asset Management Inc increased its stake in shares of Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 2.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 93,729 shares of the basic materials company’s stock after purchasing an additional 2,128 shares during the period. CIBC Asset Management Inc owned approximately 0.10% of Seabridge Gold worth $1,067,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Geneos Wealth Management Inc. grew its stake in shares of Seabridge Gold by 2.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 47,770 shares of the basic materials company’s stock worth $545,000 after purchasing an additional 1,067 shares during the period. Signaturefd LLC grew its stake in Seabridge Gold by 66.9% in the third quarter. Signaturefd LLC now owns 2,773 shares of the basic materials company’s stock valued at $47,000 after acquiring an additional 1,112 shares during the period. Quantbot Technologies LP grew its stake in Seabridge Gold by 3.9% in the third quarter. Quantbot Technologies LP now owns 30,899 shares of the basic materials company’s stock valued at $519,000 after acquiring an additional 1,168 shares during the period. US Bancorp DE grew its stake in Seabridge Gold by 116.7% in the third quarter. US Bancorp DE now owns 2,232 shares of the basic materials company’s stock valued at $37,000 after acquiring an additional 1,202 shares during the period. Finally, Strait & Sound Wealth Management LLC grew its stake in Seabridge Gold by 1.8% in the third quarter. Strait & Sound Wealth Management LLC now owns 112,853 shares of the basic materials company’s stock valued at $1,895,000 after acquiring an additional 1,999 shares during the period. 34.85% of the stock is owned by institutional investors and hedge funds.

Seabridge Gold Stock Down 7.2 %

NYSE:SA opened at $11.31 on Friday. Seabridge Gold Inc. has a 1 year low of $10.87 and a 1 year high of $20.55. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 0.59. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of -45.22 and a beta of 1.11. The stock has a 50-day moving average price of $12.06 and a two-hundred day moving average price of $14.97.

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.