Semanteon Capital Management LP Purchases New Stake in Seabridge Gold Inc. (NYSE:SA)

Semanteon Capital Management LP purchased a new stake in Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 61,249 shares of the basic materials company’s stock, valued at approximately $699,000. Semanteon Capital Management LP owned approximately 0.07% of Seabridge Gold at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Geode Capital Management LLC boosted its stake in shares of Seabridge Gold by 11.6% in the third quarter. Geode Capital Management LLC now owns 36,478 shares of the basic materials company’s stock valued at $615,000 after buying an additional 3,794 shares in the last quarter. Fiduciary Family Office LLC purchased a new stake in Seabridge Gold during the fourth quarter worth $317,000. Bleakley Financial Group LLC boosted its position in Seabridge Gold by 18.2% during the fourth quarter. Bleakley Financial Group LLC now owns 18,732 shares of the basic materials company’s stock worth $214,000 after purchasing an additional 2,880 shares in the last quarter. Atria Wealth Solutions Inc. boosted its position in Seabridge Gold by 11.4% during the fourth quarter. Atria Wealth Solutions Inc. now owns 29,506 shares of the basic materials company’s stock worth $337,000 after purchasing an additional 3,029 shares in the last quarter. Finally, Amundi boosted its position in Seabridge Gold by 15.3% during the fourth quarter. Amundi now owns 648,968 shares of the basic materials company’s stock worth $7,736,000 after purchasing an additional 86,046 shares in the last quarter. 34.85% of the stock is currently owned by hedge funds and other institutional investors.

Seabridge Gold Stock Down 1.5 %

SA opened at $11.89 on Friday. The business’s fifty day moving average is $11.85 and its two-hundred day moving average is $14.16. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.28 and a current ratio of 2.28. The company has a market cap of $1.19 billion, a price-to-earnings ratio of -47.54 and a beta of 1.00. Seabridge Gold Inc. has a one year low of $10.14 and a one year high of $20.55.

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.