Swiss National Bank Has $921,000 Position in Seabridge Gold Inc. (SA)
Swiss National Bank lowered its stake in shares of Seabridge Gold Inc. (NYSE:SA) by 10.6% during the second quarter, Holdings Channel reports. The fund owned 63,000 shares of the company’s stock after selling 7,500 shares during the period. Swiss National Bank owned approximately 0.12% of Seabridge Gold worth $921,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Renaissance Technologies LLC increased its position in shares of Seabridge Gold by 62.5% in the first quarter. Renaissance Technologies LLC now owns 154,800 shares of the company’s stock valued at $1,696,000 after buying an additional 59,560 shares during the last quarter. Royal Bank of Canada increased its position in shares of Seabridge Gold by 35.3% in the first quarter. Royal Bank of Canada now owns 22,768 shares of the company’s stock valued at $250,000 after buying an additional 5,934 shares during the last quarter. GWM Advisors LLC bought a new position in shares of Seabridge Gold during the second quarter valued at $362,000. Fox Run Management L.L.C. increased its position in shares of Seabridge Gold by 82.5% in the second quarter. Fox Run Management L.L.C. now owns 21,900 shares of the company’s stock valued at $321,000 after buying an additional 9,900 shares during the last quarter. Finally, Bank of Montreal Can bought a new position in shares of Seabridge Gold during the second quarter valued at $3,760,000. Hedge funds and other institutional investors own 24.31% of the company’s stock.
Shares of Seabridge Gold Inc. (NYSE:SA) traded down 2.141% during trading on Thursday, hitting $10.099. The stock had a trading volume of 410,984 shares. The company’s market cap is $546.74 million. Seabridge Gold Inc. has a 12 month low of $5.46 and a 12 month high of $15.88. The stock has a 50-day moving average price of $11.44 and a 200 day moving average price of $12.85.
Seabridge Gold Company Profile
Seabridge Gold Inc (Seabridge) is a development-stage company engaged in the acquisition and exploration of gold properties located in North America. The Company is focused on acquiring, exploring and developing gold deposits. The Company owns over five properties with gold resources and its material properties are its Kerr-Sulphurets-Mitchell (KSM) Project and its Courageous Lake Project.
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