Seabridge Gold Inc. (NYSE:SA) Shares Sold by Jump Financial LLC

Jump Financial LLC cut its stake in Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 66.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 17,867 shares of the basic materials company’s stock after selling 35,955 shares during the period. Jump Financial LLC’s holdings in Seabridge Gold were worth $204,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in SA. Avantax Advisory Services Inc. grew its stake in shares of Seabridge Gold by 6.1% in the fourth quarter. Avantax Advisory Services Inc. now owns 14,672 shares of the basic materials company’s stock worth $167,000 after purchasing an additional 850 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Seabridge Gold by 2.3% in 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 in the last quarter. Geode Capital Management LLC grew its stake in shares of Seabridge Gold by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 37,649 shares of the basic materials company’s stock worth $434,000 after purchasing an additional 1,171 shares in the last quarter. Swiss National Bank grew its stake in shares of Seabridge Gold by 1.4% in the fourth quarter. Swiss National Bank now owns 150,200 shares of the basic materials company’s stock worth $1,713,000 after purchasing an additional 2,100 shares in the last quarter. Finally, CIBC Asset Management Inc grew its stake in shares of Seabridge Gold by 2.3% in the fourth quarter. CIBC Asset Management Inc now owns 93,729 shares of the basic materials company’s stock worth $1,067,000 after purchasing an additional 2,128 shares in the last quarter. 34.85% of the stock is owned by institutional investors and hedge funds.

Seabridge Gold Trading Up 1.3 %

NYSE:SA opened at $12.48 on Tuesday. Seabridge Gold Inc. has a 1 year low of $9.40 and a 1 year high of $20.55. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of -49.92 and a beta of 1.01. The business has a fifty day moving average of $11.52 and a 200-day moving average of $13.10. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.28 and a current ratio of 2.28.

Seabridge Gold (NYSE:SA) (TSE:SEA) last announced its earnings results on Thursday, March 27th. The basic materials company reported ($0.32) earnings per share for the quarter.

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.