Virtu Financial LLC Acquires Shares of 25,060 Seabridge Gold Inc. (NYSE:SA)

Virtu Financial LLC bought a new position in shares of Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 25,060 shares of the basic materials company’s stock, valued at approximately $286,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Tidal Investments LLC lifted its stake in Seabridge Gold by 26.1% in the third quarter. Tidal Investments LLC now owns 2,767,574 shares of the basic materials company’s stock worth $46,468,000 after acquiring an additional 573,400 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Seabridge Gold in the 4th quarter worth approximately $12,676,000. Toronto Dominion Bank boosted its stake in shares of Seabridge Gold by 0.4% during the third quarter. Toronto Dominion Bank now owns 1,005,928 shares of the basic materials company’s stock valued at $16,890,000 after purchasing an additional 3,734 shares in the last quarter. Amundi increased its holdings in Seabridge Gold by 15.3% during the fourth quarter. Amundi now owns 648,968 shares of the basic materials company’s stock valued at $7,736,000 after buying an additional 86,046 shares during the period. Finally, Bank of Montreal Can raised its stake in Seabridge Gold by 11.3% in the third quarter. Bank of Montreal Can now owns 449,331 shares of the basic materials company’s stock worth $7,733,000 after buying an additional 45,516 shares in the last quarter. Institutional investors own 34.85% of the company’s stock.

Seabridge Gold Stock Up 5.2 %

Seabridge Gold stock opened at $12.29 on Friday. Seabridge Gold Inc. has a twelve month low of $10.14 and a twelve month high of $20.55. The business has a fifty day moving average of $11.85 and a two-hundred day moving average of $14.04. The firm has a market cap of $1.23 billion, a P/E ratio of -49.17 and a beta of 1.00. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.59.

About Seabridge Gold

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.