Nations Financial Group Inc. IA ADV Acquires 12,375 Shares of Seabridge Gold Inc. (NYSE:SA)

Nations Financial Group Inc. IA ADV lifted its holdings in shares of Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 4.9% during the fourth quarter, HoldingsChannel reports. The firm owned 262,737 shares of the basic materials company’s stock after purchasing an additional 12,375 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Seabridge Gold were worth $2,998,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SA. R Squared Ltd bought a new stake in Seabridge Gold in the 4th quarter valued at about $28,000. US Bancorp DE raised its stake in Seabridge Gold by 116.7% in the 3rd quarter. US Bancorp DE now owns 2,232 shares of the basic materials company’s stock valued at $37,000 after acquiring an additional 1,202 shares during the period. Signaturefd LLC raised its stake in Seabridge Gold by 66.9% in the 3rd quarter. Signaturefd LLC now owns 2,773 shares of the basic materials company’s stock valued at $47,000 after acquiring an additional 1,112 shares during the period. Searle & CO. bought a new stake in Seabridge Gold in the 3rd quarter valued at about $201,000. Finally, Bleakley Financial Group LLC raised its stake in Seabridge Gold by 18.2% in the 4th quarter. Bleakley Financial Group LLC now owns 18,732 shares of the basic materials company’s stock valued at $214,000 after acquiring an additional 2,880 shares during the period. 34.85% of the stock is currently owned by institutional investors.

Seabridge Gold Price Performance

Shares of Seabridge Gold stock opened at $11.30 on Friday. Seabridge Gold Inc. has a 52-week low of $10.01 and a 52-week high of $20.55. The stock’s 50-day simple moving average is $12.27 and its 200 day simple moving average is $15.13. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.28 and a current ratio of 2.28.

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.