Lee Danner & Bass Inc. Takes Position in Seabridge Gold Inc. (NYSE:SA)

Lee Danner & Bass Inc. purchased a new stake in shares of Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 6,116 shares of the basic materials company’s stock, valued at approximately $70,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SA. Bank of Montreal Can lifted its holdings in shares of Seabridge Gold by 11.3% during the third quarter. Bank of Montreal Can now owns 449,331 shares of the basic materials company’s stock valued at $7,733,000 after purchasing an additional 45,516 shares in the last quarter. Quantbot Technologies LP increased its position in Seabridge Gold by 3.9% during the third quarter. Quantbot Technologies LP now owns 30,899 shares of the basic materials company’s stock valued at $519,000 after acquiring an additional 1,168 shares during the last quarter. Crawford Fund Management LLC increased its position in Seabridge Gold by 50.6% during the third quarter. Crawford Fund Management LLC now owns 317,089 shares of the basic materials company’s stock valued at $5,325,000 after acquiring an additional 106,500 shares during the last quarter. Verition Fund Management LLC purchased a new stake in Seabridge Gold during the third quarter valued at $339,000. Finally, Knoll Capital Management LLC increased its position in Seabridge Gold by 28.6% during the third quarter. Knoll Capital Management LLC now owns 317,003 shares of the basic materials company’s stock valued at $5,322,000 after acquiring an additional 70,406 shares during the last quarter. 34.85% of the stock is owned by institutional investors.

Seabridge Gold Stock Down 1.5 %

Seabridge Gold stock opened at $11.89 on Friday. The stock has a market cap of $1.19 billion, a PE ratio of -47.54 and a beta of 1.00. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.28 and a current ratio of 2.28. Seabridge Gold Inc. has a one year low of $10.14 and a one year high of $20.55. The stock has a fifty day moving average of $11.85 and a 200 day moving average of $14.15.

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.