Callahan Advisors LLC maintained its position in shares of Seabridge Gold, Inc. (NYSE:SA) (TSE:SEA) during the second quarter, Holdings Channel reports. The fund owned 10,250 shares of the basic materials company’s stock at the end of the second quarter. Callahan Advisors LLC’s holdings in Seabridge Gold were worth $111,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of SA. Sequent Asset Management LLC purchased a new position in shares of Seabridge Gold during the first quarter worth approximately $112,000. Karp Capital Management Corp purchased a new position in shares of Seabridge Gold during the first quarter worth approximately $121,000. Advisory Services Network LLC purchased a new position in shares of Seabridge Gold during the first quarter worth approximately $130,000. UBS Group AG boosted its position in shares of Seabridge Gold by 14.9% in the first quarter. UBS Group AG now owns 11,978 shares of the basic materials company’s stock worth $132,000 after buying an additional 1,553 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in shares of Seabridge Gold by 1,707.8% in the first quarter. Tower Research Capital LLC TRC now owns 13,631 shares of the basic materials company’s stock worth $150,000 after buying an additional 12,877 shares in the last quarter. 27.27% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Seabridge Gold, Inc. (SA) opened at 11.15 on Monday. The company’s 50-day moving average price is $10.87 and its 200-day moving average price is $10.72. The stock’s market cap is $631.84 million. Seabridge Gold, Inc. has a one year low of $7.35 and a one year high of $13.73.

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A number of research analysts have recently commented on the company. BidaskClub cut Seabridge Gold from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Zacks Investment Research cut Seabridge Gold from a “buy” rating to a “hold” rating in a report on Tuesday, May 30th.

Seabridge Gold Company Profile

Seabridge Gold Inc (Seabridge) is a development-stage company. The Company is engaged in the acquisition and exploration of gold properties located in North America. As of December 31, 2016, the Company owned six properties with gold resources. Its material properties are its Kerr-Sulphurets-Mitchell (KSM) Project and its Courageous Lake Project.

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Institutional Ownership by Quarter for Seabridge Gold (NYSE:SA)

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