R Squared Ltd Invests $28,000 in Seabridge Gold Inc. (NYSE:SA)

R Squared Ltd bought a new stake in shares of Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,430 shares of the basic materials company’s stock, valued at approximately $28,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SA. 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 valued at $46,468,000 after buying an additional 573,400 shares during the last quarter. Ontario Teachers Pension Plan Board grew its holdings in Seabridge Gold by 20.7% during the third quarter. Ontario Teachers Pension Plan Board now owns 862,077 shares of the basic materials company’s stock worth $14,493,000 after acquiring an additional 148,088 shares during the period. Crawford Fund Management LLC grew its holdings in Seabridge Gold by 50.6% during the third quarter. Crawford Fund Management LLC now owns 317,089 shares of the basic materials company’s stock worth $5,325,000 after acquiring an additional 106,500 shares during the period. Knoll Capital Management LLC grew its holdings in Seabridge Gold by 28.6% during the third quarter. Knoll Capital Management LLC now owns 317,003 shares of the basic materials company’s stock worth $5,322,000 after acquiring an additional 70,406 shares during the period. Finally, Bank of Montreal Can grew its holdings in Seabridge Gold by 11.3% during the third quarter. Bank of Montreal Can now owns 449,331 shares of the basic materials company’s stock worth $7,733,000 after acquiring an additional 45,516 shares during the period. 34.85% of the stock is currently owned by hedge funds and other institutional investors.

Seabridge Gold Stock Performance

Seabridge Gold stock opened at $12.68 on Wednesday. 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 Inc. has a 12 month low of $9.31 and a 12 month high of $20.55. The company has a market cap of $1.16 billion, a price-to-earnings ratio of -50.70 and a beta of 1.11. The stock’s 50-day moving average is $12.47 and its 200-day moving average is $15.27.

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.