Privium Fund Management B.V. Raises Position in Seabridge Gold Inc. (NYSE:SA)

Privium Fund Management B.V. grew its stake in Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 15.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,087 shares of the basic materials company’s stock after purchasing an additional 4,253 shares during the period. Privium Fund Management B.V.’s holdings in Seabridge Gold were worth $539,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. ORG Partners LLC grew its holdings in Seabridge Gold by 735.6% during the 3rd quarter. ORG Partners LLC now owns 1,880 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 1,655 shares during the last quarter. US Bancorp DE grew its stake in shares of Seabridge Gold by 116.7% during the third quarter. US Bancorp DE now owns 2,232 shares of the basic materials company’s stock valued at $37,000 after buying an additional 1,202 shares during the last quarter. Mather Group LLC. purchased a new stake in shares of Seabridge Gold in the second quarter worth approximately $40,000. Signaturefd LLC lifted its stake in shares of Seabridge Gold by 66.9% during the 3rd quarter. Signaturefd LLC now owns 2,773 shares of the basic materials company’s stock worth $47,000 after acquiring an additional 1,112 shares during the last quarter. Finally, Perkins Coie Trust Co bought a new stake in shares of Seabridge Gold during the 2nd quarter worth approximately $93,000. Hedge funds and other institutional investors own 34.85% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Seabridge Gold to a “sell” rating in a research report on Monday, August 19th.

Seabridge Gold Trading Down 3.4 %

NYSE SA opened at $16.76 on Friday. Seabridge Gold Inc. has a 12 month low of $9.31 and a 12 month high of $20.55. The company’s 50-day moving average price is $17.41 and its 200-day moving average price is $16.10. The stock has a market cap of $1.52 billion, a PE ratio of -239.43 and a beta of 1.13. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.57.

Seabridge Gold (NYSE:SA) (TSE:SEA) last issued its earnings results on Tuesday, August 13th. The basic materials company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.34.

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.